Business 27 | NT Independent
CSIRO reports flag importing carbon from Japan to Middle Arm as part of $8b carbon capture facility

CSIRO reports flag importing carbon from Japan to Middle Arm as part of $8b carbon capture facility

A series of CSIRO reports into the development of a multi-user carbon capture, use and storage facility at the proposed Middle Arm industrial precinct estimates the capital cost could be between $7.3 and $7.9 billion, but warned of ‘major uncertainty’ in understanding what additional costs could arise, while an energy peak body said using CCUS to deal with emissions was a “complete fantasy”.

NT Business News – Dec 12

NT Business News – Dec 12

Latest highlights include the NT somehow being named the fourth-best jurisdiction to do business in the country, CommBank opens in Darwin, and Tourism NT teams up with Toyota for an exciting Kakadu adventure itinerary. Also making resource news, the NT Government approved Desoto’s 2025 drilling programs and Prodigy is pursuing gold through an NT mineral lease application.

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