UK and Australia act on carbon capture
Sunday, 18 February, 2007
The UK and Australian governments are joining forces to propel their two countries into the forefront of an expected huge world market for carbon capture and storage.
The two governments are staging a high-level seminar in Melbourne on 26-27 February to foster business cooperation and to discuss the financial and regulatory aspects of carbon capture and storage (CCS) over the coming decades.
A key aim is to bring forward the deployment of the emerging technology in the UK, Australia and other countries.
The seminar will cover all aspects of CCS, including technology, legal, regulatory and financial issues, greenhouse gas emissions and the emergence of a fast growing world market. It is expected to provide valuable insight into the process for business to implement large-scale energy reform.
Speakers at the two-day event will include high-level government officials and business leaders from both countries, among them John Ashton, appointed by the British Foreign Secretary Margaret Beckett as the UK's special representative for climate change, and Peter Cook, chief executive of the Cooperative Research Centre for Greenhouse Gas Technologies (CO2CRC).
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