Limiting global temperature rise from climate change requires a reduction in global CO2 emissions, yet achieving emissions reduction at the lowest cost while maintaining a reliable energy supply poses a significant challenge. Established in 2006 to meet this challenge, COAL21 is the foundation of a significant investment by the Australian black coal industry in the demonstration of low-emissions coal technologies, such as carbon capture and storage (CCS). COAL21 is supported by a voluntary levy on coal production and includes 26 investors from among Australia’s black coal producers. COAL21 primarily invests in the development of low-emissions technologies for the coal-fired power generation sector and in emissions reduction from coal mines, though other industries that use coal are also considered for investment. COAL21 is also conducting studies to provide an evidence-based case for coal to remain a key part of Australia’s future energy supply while developing the capability to reduce emissions in the future.
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