Coalition’s carbon capture funding is about ‘spin and politics’ and not climate action, Labor says
by Sarah Martin and Adam Morton from on (#5RQQM)
Chris Bowen says CCS technology not the answer to all our problems' but leaves door open to backing changes to allow investment
Labor has accused the Coalition of trying to start some sort of fight" over carbon capture and storage, as it leaves open the possibility of backing changes to the Clean Energy Finance Corporation to allow investment into the controversial technology.
After Wednesday's announcement that the government would provide the CEFC $500m to fund low emissions technology, including CCS, Labor's climate change spokesman Chris Bowen said the opposition would wait to see the details of the legislation before declaring its hand.
Continue reading...