Australian Coal Association
As announced on August 23, 2013 representation of the mining industry nationally has been streamlined through the integration of the Australian Coal Association (ACA) with the Minerals Council of Australia (MCA).
The Coal 21 Fund (Australian Coal Association Low Emissions Technology, ACALET) remains a separate company and will continue to drive the coal industry’s practical commitment to the development of low emissions technology.
Australian Coal Association Low Emissions Technologies Limited (ACALET) manages the COAL21 Fund on behalf of the industry. COAL21 is a voluntary, $1 billion fund dedicated to the demonstration and deployment of low emission coal technologies such as Carbon Capture and Storage (CCS). Through ACALET, the Australian black coal industry is pursuing technological solutions to reduce carbon. Such technology is essential for oil, gas and coal along with a wide range of industrial sectors.
While changes in demand for coal as a consequence of climate change policy around the world will likely lead to changes within the industry, coal will continue to play a significant role in energy security long into the future.
With more than 100 years of coal resources available in Australia, minimising coal’s greenhouse gas emissions through research and development and supporting innovative technology such as CCS is a key part of the industry’s commitment to addressing climate change.
Critics of the coal industry rarely acknowledge the important role that coal has played in the development of Australia as a nation, the importance of the coal mining industry to employment, or the value coal contributes to the Australian community.
The coal industry’s objective is to strike the right balance between our environmental responsibility and coal’s vital role in energy and construction, advocating on behalf of the coal industry and leading the way in reducing greenhouse gas emissions through technology and research.