Australia announces new areas for offshore carbon capture storage exploration
Australian Manufacturing, Other, 30/08/2023
The Federal Government has launched the 2023 Offshore Greenhouse Gas Storage Acreage Release, outlining new areas for exploration to help Australia lower emissions and meet its net zero goals. The acreage release includes 10 areas across seven basins to explore for carbon capture and storage (CCS) sites in Commonwealth waters off Western Australia, Victoria, and Tasmania, which already host a variety of offshore exploration and production activities. […] According to CSIRO, carbon capture, usage and storage (CCUS) is among the suite of technologies that will help lower atmospheric emissions from Australia’s energy system.