The failure of Chevron’s Gorgon carbon capture and storage project is a symbol of the total failure of the CCS industry, the Greens have said today, calling for the federal money wasted on the project to be returned.

New reporting shows the project was years behind schedule, over budget, and rapidly slowing down carbon storage rates as the $180bn corporation struggles to figure out how to inject millions of tonnes of gas below the ground.

Greens Leader Adam Bandt has slammed reports of the Morrison Government offering a carbon credit scheme to Santos, saying it represented a perversion of a carbon price that would only encourage the development of fossil fuel projects.

“We're heading towards the climate crisis cliff and with just ten years to change course, we need to be investing massively in renewables and hydrogen through a Green New Deal, not propping up unproven and unscalable unicorn technology,” Mr Bandt said.

Australian Greens Leader Adam Bandt MP has slammed Angus Taylor’s dim-witted plan to ditch support for solar and wind in favour of unproven and ineffective Carbon Capture and Storage (CCS) technology.

In a speech today, the Energy and Emissions Reduction Minister will signal a shift away from renewables towards Carbon Capture and Storage and brown hydrogen.

“Angus Taylor’s one KPI is in his job description and he can’t even meet it,” said Mr Bandt.