2.a.iv. Other investment assistance or cost sharing method
CITATION:
Clean Coal Administration Act 2008
STATUS:
Act is in effect
TIME FRAME Start:
July 1, 2009
TIME FRAME End:
June 30, 2013
DESCRIPTION:
The NSW Clean Coal Council was established in April 2008 to support the development and acceleration of low emission technologies in NSW. The Council is chaired by NSW Minister for Resources and includes industry and government representation. The Council administers the NSW Clean Coal Fund, to which the NSW State Government has committed $100 million in new funding for clean coal technologies. Fund will be supplemented by $50 million from the Federal Government for clean coal projects in NSW (PCC + at lest 50,000tpa CCS demonstration) and $400 million over the next decade from the Australian Coal Association's COAL21 Fund, which is a voluntary levy raised by coal producers.
