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Rudd unveils $100m carbon capture plan

The federal government will commit $100 million a year to a Global Institute, based in Australia, aimed at accelerating the development of carbon capture and storage (CCS) technology.

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Would it not be more prudent to spend Australian Taxpayers hard earned $100mill on renewable energy resources than on CCS technology. Give the coal and coal power generation companies a carbon tax credit for every dolar they spend on CCS research and implementation. Incentive is a much better driver of innovation than hand outs and dead hand of government control. ??

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