BCIA today announced international and Australian-based companies had earmarked nearly $8.4 million in industry funds for research and development to reduce greenhouse gas emissions and improve the efficiency of low-emissions brown coal power generation.
China is likely to play a critical role in disseminating new technologies for the conversion of lignite coals to chemicals, gaseous and liquid fuels according to an IEA Clean Coal Centre report launched today at a BCIA research seminar in Melbourne.
BCIA today announced it is partnering with the renowned North American Lignite Energy Council to foster and exchange research and development focused on reducing carbon emissions and increasing the efficiency of lignite coal conversion industries in both countries.
Innovation of low-emissions technology for brown coal usage requires major investment over a long period of time: up to 20 years from research concept to market development. Additionally, the availability and accessibility of human resource expertise is of critical concern for coal-based industries throughout the world.
Australia has vast world-class brown coal resources; totalling about a quarter of all known reserves. Low-emissions technologies, for both electricity generation and value-added products derived from brown coal, can limit damaging climate change and safeguard the nation's future economic prosperity.