Glencore has supported the Queensland Government’s increased emissions reduction target, noting how its carbon capture and storage (CCS) technology can help the state achieve its goals.
The Queensland Government recently announced an emissions reduction target of 75 per cent below 2005 levels by 2035.
Recent talks at COP28 have called for the need for CCS technology to help drive these reductions and Glencore’s CTSCo project in the Surat Basin is one of the most advanced projects in the state.
The project is currently waiting on an approval decision for its environmental impact statement from the Department of Environment and Science.
“CCS in the Surat Basin has the potential to materially reduce carbon emissions from hard to abate sectors, while supporting the state’s hydrogen industry and helping reduce the costs of emissions reduction for all Queenslanders,” Glencore CTSCo project general manager Darren Greer said.
“Key aspects of the CTSCo project have been independently reviewed by third-party independent experts. These include the Australian Government Independent Expert Scientific Committee, the Office of Groundwater Impact Assessment and CSIRO.”
The CTSCo project is awaiting approval for injection testing of approximately 100,000 tonnes per year of food grade carbon dioxide. Tests by Glencore have shown this can be stored safely with no adverse impacts on local or regional agricultural producers.
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