Malcolm Turnbull (Wentworth, Liberal Party, Minister for the Environment and Water Resources) Share this | Hansard source

The thermal efficiency of a coal fired power station globally is 30 per cent. In the OECD, it is 38 per cent. In China, it is 27 per cent. There is enormous potential for China to improve its energy efficiency and reduce the rapid growth in its greenhouse gas emissions.

As part of our $2 billion comprehensive climate change strategy, the government is investing more than $470 million in the effort to promote clean coal and carbon sequestration technologies: $170 million through the low emissions technology demonstration fund, $22 million to support the relevant cooperative research centres, $19 million through projects under the AP6 Partnership on Clean Development and Climate, and, of course, as announced in January by the Prime Minister, the China-Australia clean coal initiative.

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