Andrew Forrest criticises use of carbon capture and storage saying it fails ‘19 out of 20 times’

Andrew Forrest criticises use of carbon capture and storage saying it fails ‘19 out of 20 times’

As the Morrison government invests $250m in the technology, the Fortescue metals chief says ‘it’s a good soundbite but it doesn’t work’

Fortescue Metals Group boss Andrew Forrest has criticised “failed” carbon capture and storage technology and said the general population is entitled to feel sceptical about its use.

As the Morrison government moves to award carbon credits to fossil fuel projects that promise to capture and store carbon dioxide, the mining billionaire has told a podcast such projects had failed “19 out of 20 times”.

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