Or perhaps it’s better to describe CCS as the unicorn of the fossil fuel industry, because it’s just as mythical. Yet here we are 20 years later and the government is still “ emphatically backing” CCS.Ĭarbon capture and storage is nothing more than the perpetual boondoggle machine of the fossil fuel industry. Australia Institute research showed the Australian Government has put $1.3 billion of taxpayers’ money towards Carbon Capture and Storage (CCS) initiatives between 20, with zero large scale operational projects to show for it. Yet, like the citizens of Springfield duped into spending the town’s money on the defective Monorail, Australian governments keep falling for it. The history of carbon capture and storage is one of PR spin followed by abject failure. It’s a veritable orgy of emissions, underpinned by CCS. It’s a petrochemical hub, wrapped in a CCS project, wrapped in the development of the Beetaloo gas Basin, wrapped in $1.9 billion in public subsidies from the Commonwealth Government.Īs Guardian Australia revealed, the petrochemical hub will generate CO2 that will need to be buried, improving the feasibility of CCS, which will also improve the feasibility and ‘social license’ for fracking the Beetaloo Basin. When you scratch the surface of this so-called “sustainable development”, it’s a turducken of greenwash. But it’s concerning that one of the biggest and longest-running rorts in climate change policy-carbon capture and storage (CCS)-is not receiving the scorn or scrutiny it deserves.ĬCS is back in the headlines because it’s a key excuse for the government proceeding to subsidise the Darwin Harbour Middle Arm project. There’s nothing politics loves more than a good rort or scandal, like the recent revelations of PwC’s misconduct, which is finally throwing a spotlight on the vast tentacles of the big four consulting firms into the business of government. Originally published in The Canberra Times on May 27, 2023
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