The key finding of this report by the Australian Academy of Technological Sciences and Engineering (ATSE) is that a commitment is needed by government and industry to invest around $6 billion by 2020 on RD&D on new power generation technologies.

Increased deployment expenditure is required after that. Further, no single new technology for stationary energy production will be capable of achieving the projected reductions for CO2. A new Energy Research Council should be established and should fund necessary RD&D proposals.