Despite the Federal government committing billions to develop controversial carbon capture and storage or (CCS) technology to combat global warming, more needs to be done to get the projects moving.

That’s according to a report released this week by the federally funded Global Carbon Capture and Storage Institute.

The institute is calling for more action to reduce the financial and regulatory barriers to implementing CCS technology.

The report’s findings are echoed by leading Australian CCS research organisation, ‘the Cooperative Research Centre for Greenhouse Gas Technologies.’

They say we don’t have any alternative to developing carbon capture and storage technology.

Fergus Grieve asked the Centre’s CEO, Dr David Cook, how important CCS technology in tackling climate change.