![]() The carbon capture industry is still considered nascent, but the country is punching above its weight, according to a recent report by international energy research firm Wood Mackenzie. Some environmental groups suggest the investment in carbon capture facilities would be better spent elsewhere, such as building renewable energy projects. "We're just starting very small here, and we need to see a big scale up of this kind of thing in order to get the real big reductions that we need from the oil and gas sector in Canada," he said. Reducing emissions and relying on renewable energy instead of fossil fuels is critically important to tackle climate change, Severson-Baker said, adding that carbon capture has a clear role to play to decarbonize existing sources of materials and energy. Canada's oldest oil and gas trade association to drop 'oil' from its name in bid to alter image.The project received Alberta government funding of $745 million and federal government support of $120 million. ![]() Quest cost $1.3 billion to build and is able to sequester about one million tonnes of emissions per year - equivalent to the annual emissions of about 250,000 cars. Polaris would be Shell's second CCS project in the province after constructing Quest in late 2015. "It is a consistent and very exciting implementation of our global strategy right here in Alberta," Susannah Pierce, president of Shell Canada, said in an interview. If approved by the company, Shell's Polaris facility would be located at its Scotford complex, northeast of Edmonton, and collect emissions from its refinery and chemical facilities. Shell Canada unveiled plans Tuesday for a new facility in Alberta to capture emissions from its industrial complex and store the greenhouse gases underground.Ĭanada is already considered a global leader in the carbon capture and storage (CCS) industry, and the latest announcement comes amid a wave of proposals for new projects in Alberta.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |