The Turnbull government will enshrine its belief in coal as an ongoing source of power generation by introducing legislation to enable the Clean Energy Finance Corporation to invest in carbon capture and storage.
Mr Frydenberg said coal had a future, more so if emissions could be reduced using CCS technology. He said CCS was a proven technology with two large-scale projects either in operation or under construction overseas.
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Come on VIV, let's get piece of the action and introduce NCF to the mix.
VIV Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held