By Fidelis Rego
ABC News Online, 23 July 2009
Carbon Energy says it hopes to be storing emissions from its power plant and gas fields in the Surat Basin, in Queensland's southern inland, within 18 months.
It has begun studies to see if carbon from its Bloodwood Creek site can be trucked to central Queensland - where Zerogen is building a large storage facility and coal-gas power station.
The emissions would be stored two kilometres underground
Chief executive Andrew Dash says it is the first of its type in Australia.
"I think carbon capture and storage has been well recognised by the Federal Government as the real future for both Australia and the world in fact for carbon constrained future and that's why there's a lot of investment and focus now going into carbon capture and storage solutions," he said.
"What we're commencing immediately is the scoping study to complete the work and we're doing that in parallel with our front-end engineering and design of our power station.
"So both of those engineering studies will be complete around November this year and it's about that time we'll be making an investment decision."