http://www.garnautreview.org.au/CA25734E0016A131/WebObj/Mediarelease_DraftReport_4July2008_Final/$File/Media%20release_Draft%20Report_4%20July%202008_Final.pdf
“A massive increase – reaching $3 billion per annum – is required in Australia’s commitment to lowemissions technology research, development and commercialisation,” he said.
The Draft Report states that it would be in Australia’s interest to find out as soon as possible whether
there can be a low-emissions future for coal, and to support rapid deployment of commercially
promising technologies. This follows from Australia’s role as the world’s largest exporter of coal and
the central place of coal in growth in emissions from Asian developing countries.
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