Building on a CSIRO technical report, the Climate Change Authority finds that Australia is endowed with carbon sequestration potential supply but that our ability to realise this potential is not yet well understood.

The CSIRO technical report investigated technical potential, which is the maximum sequestration biophysically or technically possible without taking account of economic feasibility or competition for resources.

Demand for sequestration to counterbalance hard-to-abate emissions will add even more pressure on these resources.

The CSIRO technical report investigated 12 sequestration technologies in detail, including biological technologies such as farm forestry and engineered technologies such as direct air capture, and found that no single technology appears able to deliver all of Australia’s current and future sequestration capacity.

With our large land mass, and expertise in science and engineering, Australia could have one of the largest sequestration industries in the world.

We have an opportunity to lead in technological advancement, but other nations are also addressing the sequestration issue at pace We need to act quickly on emissions reduction as well as sequestration to make sure we don’t miss the opportunity to become a sequestration leader.

As a nation endowed with land, sun, wind and a geologically stable land mass, sequestration presents economic opportunities for Australia in a low-emissions world through the reshaping of existing industries and the creation of new enterprises.

  • SkepticElliptic@beehaw.org
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    1 year ago

    It’s a load of bs. ADM is doing it as an experiment in Illinois. They run their own coal plant to operate their main facility in Decatur.

    Thru had to frac the ground in order to open up veins in the shale.

    There’s major risks to groundwater which is relied on throughout the region as the primary source of drinking water.

    It’s also highly likely that the gases will leak out over time. There could also be a catastrophic rupture.

    The company is well known for their lack of safety and there have been major explosions in and around their facility over the years.

    Unsurprisingly, they moved their corporate headquarters to Chicago right around the time they started the sequestration project.

    • Treevan 🇦🇺@aussie.zoneOPM
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      1 year ago

      You are writing off all sequestration based on shitty sequestration techniques.

      Personally, I think trees and biochar have their place so I support those sequestration techniques.

      Maybe the issue for you is the communication of the science? Maybe it’s my communication? I don’t support CCOS plants! I don’t read the article as fully supporting them either, I just see it as an overview.