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Australian carbon tax announced

Australian carbon tax announced(0)

July 20, 2011

The Australian government has revealed its plans for the much debated carbon price, a precursor to a full blow Emissions Trading Scheme. The scheme will begin with a flat price on carbon of A$23 ($25; £15) starting in 2012. The Prime Minister Julia Gillard has staked her political future on the innovative scheme.
Initially the carbon […]

Australian carbon tax announced
Carbon Capture and Storage in Australia gets animated

Carbon Capture and Storage in Australia gets animated

Business21C, the innovative Australian thought leadership group run by the University of Technology in Sydney, have issued a neat little animation to accompany Martin Rushe, the energy financier, talking about some of the challenges faced by Carbon Capture and Storage.

Petrofac acquires CO2 storage company CO2DeepStore

Petrofac acquires CO2 storage company CO2DeepStore

Petrofac, the international oil & gas facilities service provider, confirms that it has acquired CO2DeepStore Limited (CO2DeepStore) a UK-based CO2 storage company.  Established in 2007 in Aberdeen, Scotland CO2DeepStore is focussed on the CO2 geological storage sector of the carbon capture and storage (CCS) market.  The executive management team of the business will join Petrofac […]

Australia fixes REC price

Australia fixes REC price

The Australian Rudd Government has announced this morning that from 1 January 2011 the Renewable Energy Target will be separated into two parts and a fixed price of $40 per megawatt hour will be set for small-scale technologies. Renewable energy developments in Australia have been hampered by a plummeting REC price, driven by […]


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