The Queensland Parliament has passed the Greenhouse Gas Storage Bill, new legislation to fast track the development of greenhouse gas storage in Queensland.
Queensland Mines and Energy Minister Geoff Wilson said the move was a major step forward in delivering a cleaner, greener energy future for the State.
“Our new laws will pave the way for industry to explore for safe sites to store greenhouse gases,” Wilson said.
“It’s intended to capture carbon dioxide from gas or coal-fired power plants and store it safely underground in deep reservoirs well below the earth’s surface,” he said.
Minister Wilson said the coal, petroleum and gas industries were keenly interested in greenhouse gas storage.
“While we push ahead with renewable energy solutions and gas-fired power, coal will continue to play a role an important role in providing the power we need to get on with our daily lives,” he said.
Wilson said Tarong Energy, a government-owned corporation, was working on a pilot project in partnership with CSIRO to capture greenhouse gases at the Tarong power station.
“The project has the potential to capture 1500 tonnes of carbon dioxide emissions a year – enough to fill 30 million balloons,” Wilson said.
“Work is also well underway on a world-first project right here in Queensland – new technology that, if successful, could be capable of cutting emissions from a typical coal-fired power station by 90%.”
“The Callide oxyfuel project is the first of its type anywhere in the world and it’s being developed by CS Energy, another government-owned corporation.”
CS Energy will retro-fit a power station with technology that burns coal in oxygen and gases rather than air, to create a concentrated stream of carbon dioxide which can be captured, transported and stored.
“Governments and industry across the globe are watching and waiting on the outcome,” Wilson said.