“The coal mine, in our minds, is a no-go,” said Peter Doyle, CEO of Montem Resources, which had proposed to redevelop the Tent Mountain site to produce steelmaking coal.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
But that much-loved landscape is also the water source for millions of Albertans. Opening those summits and foothills to development provoked a severe and widespread backlash that ran from urban environmentalists to small-town mayors to country music stars. Doyle said Montem is to focus its efforts on plans to turn the Tent Mountain site, which hasn’t produced coal since 1983, into a renewable energy facility. The company proposes to use wind power to pump water to a storage pond partway up the mountain and generate electricity as it is released back downhill.
Doyle said previous plans to use the generated electricity to split water molecules and create hydrogen have been set aside.He said Montem will make a final investment decision on the project in 2025.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »
Source: CTVCalgary - 🏆 26. / 68 Read more »