Low emissions commitment

NSW coal producers make up to $400 million to support clean coal technology demonstration projects in NSW

NSW coal producers will voluntarily make up to $400 million available over the next decade to support clean coal technology demonstration projects in NSW.

The funds represent the proportion of the industry’s national $1 billion plus COAL21 Fund expected to be raised through coal production in NSW.

NSW Premier Morris Iemma announced the commitment with NSW Minerals Council CEO Dr Nikki Williams and Australian Coal Association executive director Mark O’Neill, saying the availability of coal industry funding for worthwhile projects would help make NSW a leader in the development of low emissions technology.

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