BusinessGreen: Australia's largest power company is to use captured carbon emissions from one of its coal plants to help grow algae that can then be processed into clean transport fuel.
Macquarie Generation, which is owned by the New South Wales Government, yesterday signed an agreement with Algae.Tec to site a A$150m (91m) algae carbon capture and biofuels production facility alongside the 2.6GW Bayswater coal-fired power station near Sydney.
Roger Stroud, executive chairman of Perth-based Algae.Tec, said:...