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Carbon storage is black & white issue


| Sourced From PSNews |

The approval of areas off Australias coast as potential greenhouse gas stores has been claimed as a world first.

Minister for Resources and Energy, Martin Ferguson, announced the commercial release of the offshore areas, saying they would be explored and assessed for their potential to store the greenhouse gases.

Mr Ferguson said 10 areas had been supported as having the best potential in terms of geological suitability and current industry needs by Geoscience Australia.

Coastal sites identified to take gases

Geoscience Australias technical expertise will be made available to potential applicants through my Department’s website (www.ret.gov.au) and meetings with interested parties,

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