Hewson and his business partners say they have perfected a
system that “refines” coal and turns it into granules that can then be used in
power generation, as a replacement for diesel and gas, in transport, and in
space heating. The potential market, they say, is in the “trillions” of
dollars.
Furthermore, they say it could mean that thousands of coal
mines and coal generators around the world will not need to close, despite the
global mandate to cut emissions to meet climate change targets.
The technology was promoted by Hewson in a recent
presentation in the Latrobe Valley at a $45-a-head dinner in Traralgon,
ostensibly called to look at the transition possibilities for a region
dependent on brown coal generation.
According to the Voices of the Valley public group, Hewson
had been expected to talk about the future beyond coal, but instead gave a
sales pitch for a new technology that could exploit the Latrobe Valley’s vast
coal resources.
Read the RenewEconomy
story by Giles Parkinson - “John Hewson pushes “trillion dollar” opportunity in “refined” coal.”
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