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.
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.