Page Research Centre
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Creating a better narrative for Australia through research | Stronger regions for a stronger Australia
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Our response to the false claims made about us by Chris Bowen
Page Research Centre38,334 views • 8 months ago
Coal-to-liquid fuels already works in the real world. South African company Sasol’s current operations break even at around US$35 to US$55 per barrel, well below the oil prices seen over the past two decades. It does not receive a subsidy or price guarantee, and South African fuel prices are not higher as a result. Coal can be turned into petrol, diesel, jet fuel and a wide range of chemicals, and the same pathway is already being pursued in China through projects built at 80,000 barrels a day. Australia has the resource base to do this too. We are rich in cheap lignite, Victoria alone holds 33 billion tonnes of known economic lignite, and the opportunity is large enough to move well beyond niche production.
Page Research Centre13,104 views • 4 months ago
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