Labor government wastes billions on geosequestration
The Labor government announced last week that it will continue to invest billions in burying liquid carbon dioxide underground despite scientific advice that it is impossible to do so safely and effectively. Energy Minister Martin Ferguson opened the bidding for ten areas under the sea off Cape Otway in Western Victoria in which companies can store carbon dioxide. He said the commercial development of geosequestration is an integral part of the government’s strategy to reduce greenhouse emissions while maintaining economic growth through mining coal. Liquid CO2 occupies about five times the space as the coal burned to generate it, resulting in a global requirement to bury 80,000 tonnes of CO2 each minute for ever. The Otway project has stored 30,000 tonnes in 18 months.