Western Australian to invest A4$4.3mn in CCUS
SUMMARY
The investment is based on a study by CSIRO and the Global CCS Institute (GCCSI) that found that WA has the potential to become a major hub for carbon storage.
By Shardul SharmaThe Western Australian (WA) government has announced a A$4.3mn ($2.8mn) investment to establish a carbon capture, utilisation, and storage (CCUS) industry in the state, it said on November 17.
The investment is based on a study by CSIRO and the Global CCS Institute (GCCSI) that found that WA has the potential to become a major hub for carbon storage.
The CCUS hubs would support cross-sector collaboration towards decarbonisation, including the co-location of hydrogen and ammonia industries. They also have the potential to attract overseas investment and create thousands of jobs in WA.
The study was funded by various members of the LNG Jobs Taskforce, including Shell Australia, BP Australia, Chevron Australia, the WA government, Eni Australia, MIMI, National Energy Resources Australia, Santos, and Woodside Energy. Shell Australia led the project as a key initiative of the LNG Jobs Taskforce's Technology and Decarbonisation Working Group.
