Why is ZeroGen developing a technology that uses coal?
The International Energy Agency (IEA) predicts world energy needs could be 50 percent higher than 2007 levels by 2030. To meet this demand, fossil fuels are predicted to continue to be the dominant source of energy, accounting for 84 percent of the overall increase in demand up until 2030. Under this scenario, the deep cuts in greenhouse gas emissions called for by leading entities such as the Inter-Governmental Panel on Climate Change (IPCC) will not be achieved without the deployment of low-emission fossil fuel technologies. Coal is one of Australia’s and the world’s most abundant resources. By developing a low-emission technology that uses coal, ZeroGen will help to sustain the future of Australia’s $24.4 billion export coal industry and the 130,000 jobs it supports, while at the same time demonstrating environmental leadership through developing a first-of-a-kind, low-emission technology that can be deployed around the world.
