Read in AFR this afternoon that the Federal Govt's Renewable Energy Investment Fund is to support Co2 sequestration. I am surprised that Kevin Gallagher has not popped up to say he has the support he needs to start the 20 tone per annum sequestration they want to get underway in Moomba.
If carbon pricing ever comes in, and surely at some stage it will need to, to incentivise other businesses to do their bit then this will be just terrific for us shareholders ( and STO of course) and the planet.
Kevin's our friend...don't you reckon?
Long Term Future of Santos, page-55
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