Today Australian.
Under the Australia-U.S. Asia -Pacific climate and development pact the focus is on developing technology,especially clean coal technology, to cut greenhouse gases.
The federal Government is considering putting a $200 million coal research centre in Brisbane to fight greenhouse emissions .
Carnegie may soon be in a position to announce the results of due diligence on Clean Coal Power-a clean coal power technology.
Technology that improve thermal efficiency and reduce emissions in coal fired power generators are being sought world wide.
Carnegie believes that the successful development of such a project has exceptional potential to transform the Company's future and as such the board is treating its potential involvement as a top priority for the Company.
CNM timing could be excellent and they just might be one of first Australian companies to qualify for some part of the new coal research funds.
May be worth reading CNM last report.
Lash.
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