https://www.newcastleherald.com.au/story/7148158/snowy-hydro-says-kurri-gas-fired-plant-would-be-profitable/?src=rss&utm_email=fbc61b20f5&utm_source=The+Newcastle+Herald&utm_campaign=8e63383295-EDITORS_PICK_DAILY_NEWSLETTER&utm_medium=email&utm_term=0_4465202af3-8e63383295-66166505
Yesterday morning, Mr Taylor and Senator Hughes toured a pilot "carbonation" plant at Shortland, which is developing methods to turn carbon dioxide gas into magnesium carbonate - thereby fixing or "sequestering" the carbon into a solid form that can be then used industrially, in cement and other construction processes.
Speaking at the Mineral Carbonation International (MCi) plant at the University of Newcastle's Newcastle Institute for Energy and Resources (NIER), Mr Taylor formally launched a $50 million Carbon Capture, Use and Storage (CCUS) fund, and encouraged firms such as MCi to apply for grants."As a government were focused on technology not taxation when it comes to reducing CO2 emissions," Mr Taylor said."Decarbonisation doesn't need to destroy industry, it can support the creation of productive technologies, and here in the Hunter."
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