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PM warned against relying on carbon capture and storage

Prime Minister Scott Morrison addresses the Victorian Chamber of Commerce and Industry breakfast in Melbourne, Wednesday, November 10, 2021. (AAP Image/Joel Carrett) NO ARCHIVING

Prime Minister Scott Morrison in Melbourne Source: AAP

Prime Minister Scott Morrison is promising to invest half-a-billion dollars into companies developing emerging low carbon emissions technology. The pledge will go towards the Clean Energy Finance Corporation - a fund the Federal Government once tried to shut down. The plan is raising questions, with some concerned it will rely too heavily on methods that are less proven.



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