The primary reason the Queensland Government and Australian Coal Associate (COAL21 Fund) is invested so heavily in ZeroGen is political - because the long-term future of Queensland's coal export industry depends entirely on the demonstration of commercially viable carbon capture and storage technology.
That's not to say ZeroGen is a threat; it's not.
Proof of commercially viable carbon capture and storage would also be in the interests of CNX as it could potentially be applied to capture CO2 from UCG.
CNX Price at posting:
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