…Former US deputy president Al Gore has likened “clean coal” to “healthy cigarettes” and several high-profile demonstration projects here and overseas have stalled. But Mr Ferguson said proving the commercial viability of the technology could be Australia’s greatest contribution to the fight against global warming.
The Geoscience assessment will be used to choose up to four industrial-scale projects to be funded with the $2.4billion set aside in the May budget’s “CCS flagships” program.
It comes as an audit by Australia’s Global Carbon Capture and Storage Institute of international efforts to prove carbon capture and storage at commercial scale found piecemeal efforts.
According to the audit, there are 275 different projects around the world, but only 34 are completed and only seven commercial-scale projects are in operation…
via New hope for viable clean coal projects | The Australian. [my emphasis]
A $2.4 billion handout means ‘commercial viability’? Oh, how silly of me, they are using the word ‘commercial’ as a spinonym for ‘large scale’. Someone reading the term ‘commercial viability’ may have at first blush thought that it had something to do with being profitable and viable. But no, that’s not what ‘commercial viability’ means when it refers to ‘clean coal’.
Commercial-scale viability — Commercial viability — same same
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