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Strategic Policy Framework for Near Zero Emissions from Victoria's Fossil Fuels
The Government has committed to reducing greenhouse emissions by 60 per cent of 2000 levels by 2050. This commitment will require the development of new low emissions energy technologies.
One such technology is carbon capture and storage, which involves the storage of carbon dioxide emissions in underground geological reservoirs. This technology offers the potential for very deep cuts in greenhouse gas emissions and can effectively bring greenhouse gas emissions to near zero from the stationary energy sector.
Further information on carbon capture and storage technology, sometimes also known as geosequestration, is provided in the fact sheet on Carbon Capture and Storage – Putting the Carbon Back (PDF 210KB).
The Victorian Government has developed a Strategic Policy Framework for Near Zero Emissions from Victoria’s Fossil Fuels (PDF 1.8MB). This Position Paper details the Victorian Government’s policy settings that will contribute to the commercial viability of carbon capture and storage. It offers the certainty needed to encourage industry investment in this and other clean energy technologies.
The fact sheet Towards Near Zero Emissions (PDF 459KB) provides a summary of the Government's policies in this area.
The Victorian Government is also working to provide the legislative framework needed for investment certainty.
You will need Adobe Acrobat Reader to view the attached documents. A free copy can be downloaded from Adobe Acrobat (external link).
Consultation
As part of the process for developing the Strategic Policy Framework for Near Zero Emissions from Victoria’s Fossil Fuels an Issues Paper Near Zero Emissions from Latrobe Valley Brown Coal (PDF 736KB) was released for public comment in August 2007. Several consultation forums were held in the Latrobe Valley and Melbourne which offered stakeholders the opportunity to discuss issues outlined in the paper and clarify questions to support them in making submissions.
The Issues Paper and supporting information can be viewed below.
Submissions to the Issues Paper closed on 28 September 2007 and are now available to be viewed online.
Related Information
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