All Good B_P. Maybe the morning star is already shining bright..
For what the QLD GOV,and "others" may/may not do is just the opening round,in a contest of the "first magnitude", for this planet is on the cusp of an energy shortage, that's never been experienced before in human history.
Australia being coal rich,we have to go down the coal road, for there is far less Arab oil than is believed
For example..Fridays FR page 14..... The Rudd Gov aims to have 20 "large" demonstration projects to develop commercially viable clean coal and gas ..up and running by 2020.
After weeks of intense behind the scenes negotiations to get countries and "companies" on board,the Rudd Gov will launch the institute next month.
........the UK,South Korea,Norway, have already agreed to join the institute as founding members,along with..
Shell international petroleum Alstom power Anglo American the climate group Mitsubishi corp Rio Tinto Services petroliers Schlumberger Xstrata coal Bill Clintons philanthropic foundation.
However ..far more companies and governments are expected to join up after the institute is launched .....$100 million is allocated for the institute, which aims to accelerate the development and deployment of technologies to reduce emissions from coal.....
especially CCS by facilitating demonstration projects and identifying suitable regulatory and legal requirements
On another tack....A CTL seminar just finished in Jakarta [19/20 Jan]...the room was packed...The Facilitator was Dr Duncan Seddon an Australian consultant to the oil/gas petro chemical industries,who has been involved with the production,and use of transport fuels,and commodity chemicals for thirty years...he is a fellow of the Royal Aust Chemical Institute,and a member of Petroleum Engineers.
Finally UCG is spreading "rapidly" across the Globe, soon to be embraced in Australia.
Go Well. HM.
CXY Price at posting:
5.3¢ Sentiment: None Disclosure: Held