Australian mining industry group advocates for carbon capture technologies
The Minerals Council of Australia issued a communiqué this week in response to a report on coal-fueled power generation.
For the organization, it is important that the resource industry understands the importance of implementing carbon capture and storage solutions.
The Council’s statement follows the publication of BP’s Statistical Review of World Energy, which shows that coal generation is now the highest it has ever been – increasing 6.24% over the past two years, which represents 38% of all electricity generation. At the same time, 200,000 MW of new coal-fired generation capacity is under construction globally.
“Global energy demand and the growth of coal in the Asia-Pacific remains critical to securing baseload power across the region.” Tania Constable, the group’s CEO, said in the media brief. “The global emissions trend means the ongoing development and cooperation in our region on carbon capture use and storage is more important than ever.”
According to Constable, Australian miners in her organization support a measured transition to a low-emission global economy and, in their view, carbon capture use and storage or CCS is the only clean technology capable of
“CCS has been working safely and effectively for 45 years. There are now 18 large-scale facilities in commercial operation around the world and complementing investments in renewables,” Constable said. “A least-cost approach to reducing greenhouse emissions is critical to ensuring Australian businesses and families and our energy trading partners continue to have access to affordable, reliable and sustainable supplies.”