Industry should reduce number of carbon capture hubs for Alberta, ATCO says

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 43 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 184%
  • Publisher: 92%

Canadian News أخبار

Canada News,Breaking News Video,Canadian Breaking News

ATCO EnPower CEO questions economic sense of moving forward with so many projects

A Shell employee walks past the company's Quest Carbon Capture and Storage facility in Fort Saskatchewan, Alta. on Oct. 7, 2021.Carbon capture and storage in Alberta got a boost Monday, as Shell Canada and ATCO EnPower Ltd. signed a carbon-sequestration agreement with the provincial government.

Mr. Myles told media Monday that industry should work together to shrink the number of proposals, because it doesn’t make economic sense to move forward with so many. “But if you look at every industry that’s ever been developed, it starts off with a lot, and then the ones that are the most economic are the ones that are actually going to proceed.”

Mr. Jean said the fact the province has now fully finalized its regulations and its carbon capture incentive program – which will provide a grant of 12 per cent for new eligible CCS capital costs – will help drive more final investment decisions on CCS hubs.the company would go ahead with its Polaris carbon-capture project, which is designed to capture up to 650,000 tonnes of carbon dioxide annually from the Shell-owned Scotford refinery and chemicals complex near Edmonton.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 5. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Alberta energy company told to abandon hundreds of wells after ongoing care problemsThe AER is telling a Calgary energy company to abandon hundreds of wells, pipeline sections and other facilities over concerns about care and maintenance of the sites.
مصدر: GlobalCalgary - 🏆 50. / 61 اقرأ أكثر »