The claim of a $600bn carbon capture windfall for Australia is based on heroic assumptions and selective analysis | Temperature Check
by Graham Readfearn from on (#6N020)
Projections of the size and scale of a future CCS industry should come with heavy doses of scepticism
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As far as bonanzas go, a claim this week that Australia could pull in almost $600bn by storing carbon dioxide from other countries is one that puts even the Aukus nuclear submarine deal in the shade.
The oil and gas industry lobby group Australian Energy Producers made the claim, reported in the Australian, pointing to a study carried out by global energy analysts Wood Mackenzie.
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