Uncertainty rules as Australia looks to exploit its formidable unconventional gas resource. But the outcome for the climate is not looking good.
Govt withdraws grant for Vic dual-gas power plant proposal; carbon tax concern abating; gas reliance threat to power prices; CO2 Group predicts doubling of profit.
The withdrawal of funds from HRL’s proposed plant looks like a fitting end for coal gasification – a fuel source that can no longer compete.
Australia is looking for ways to dig up and burn coal without blowing its emissions budget. How real is the promise of clean coal technology?
