Alberta carbon plan loses half of bidders
Carbon capture and storage targeted for 70 percent of province’s greenhouse gas reductions; 4 major oil sands players withdraw
For Petroleum News
Ten are in and 10 are out of the bidding for a chunk of C$2 billion in Alberta government money to advance technology in carbon capture and storage.
But even from those who have agreed to submit further plans for projects there is a clear warning that financial backing is the key to their continued....
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Concern about public reaction
CO2 potential revenue source
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