5. Spent $450 million on carbon capture and storage projects (CCS), resulting in every attempted project being cancelled or late, with no carbon actually being captured, mostly because the projects were found to be technically infeasible, financially infeasible, or there just isn't anywhere to store the carbon. The government did not attempt to monitor whether the program successfully captured carbon. Their only success criteria was number of projects funded, regardless of whether the projects work. Even by this measure it was a failure because the committed money ($2 billion) ended up mostly unspent due to project cancellations. The spending program had no conflict of interest safeguards. Coincidentally one of the main Liberal ministers pushing for this cash handout to the fossil fuel industry left parliament for a job as a lobbyist for the fossil fuel industry
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What did the LNP Actually achieve during 9 Years of Government ?, page-116
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