(EnergyAsia, July 12 2012, Thursday) — Australia and China have launched a joint A$1.15 million fund to accelerate the development and deployment of clean technology to reduce greenhouse emissions from coal-fired power stations. (US$1=A$0.98).
The Clean Coal Technology Partnership fund is an initiative of the Australia-China Joint Co-ordination Group on Clean Coal Technology (JCG), which itself is funded by Canberra’s low emissions coal initiative.
The fund will offer research and industry organisations support through staff exchanges, secondments, workshops and symposiums in developing low-emissions coal technology.
The Australian Academy of Technological Sciences and Engineering (ATSE), which is managing the fund, is inviting applications from Australian and Chinese research and industry representatives to apply for funding to collaborate on low emission coal initiatives.
Information for applications can be found at www.atse.org.au.
In announcing the collaboration, Martin Ferguson, Australia’s Minister for Resources and Energy, said it represents a step forward for the two countries to develop low emission coal technology covering post-combustion capture, oxy-fuel combustion and gasification.
He said:” “Australia and China are committed to finding ways of reducing carbon emissions from burning fossil fuels.
“This is important because the International Energy Agency (IEA) estimates that demand for coal will continue to grow by nearly two-thirds to 2035 based on current trends.
“Given Australia is the largest coal exporter in the world and China comprises half of global coal consumption, it is vital that we work together to develop technologies that can reduce greenhouse gas emissions associated with coal.
“The IEA recognises that carbon capture and storage is a necessary technology to limit global average temperature increases to two degrees and forecasts that it will provide one-fifth of the required abatement by 2035.”