Friday, December 19, 2008

Britain, S Korea, Norway join Australia's Global Institute

ABC News Online, Posted 2 hours 40 minutes ago

Federal Energy Minister Martin Ferguson says Britain, South Korea and Norway have signed up to Australia's Global Institute to develop carbon capture and storage technology.

Mr Ferguson announced the development at an international energy conference in London.

He says positive talks are also underway with major players like the US, China and India, and he expects more countries to sign up in the near future.

"Technology has created the problem that confronts the global community," he said.

"Technology is the solution and only now with initiatives, such as the Prime Minister's global initiative, are we getting serious about investing in the technological solutions."

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