Government Shows off Carbon Capture Project
ESTEVAN, SK - - Representatives of the provincial and federal governments were on hand in Estevan, Sask. on Friday to show off the grand opening of the Aquistore carbon dioxide storage project.
The project is touted as Canada's first commercial-scale deep saline carbon injection project and the world's first system of its kind in association with a coal fired plant.
According to a news release from the non-profit Petroleum Technology Research Centre, the federal government invested $14 million in the initiative and the province $5 million. The total cost of the independent research project is $45 million.
Member of Parliament Ed Komarnicki is quoted in the release as saying the federal investment is meant to "protect the the environment and develop Canada's energy resources in a responsible manner."
Herb Cox, the Saskatchewan minister responsible for the environment, said that safe storage of carbon is part of SaskPower's plan to reduce greenhouse gas emissions.
Aquistore is also home to the province's two deepest wells at 3,400 metres each and has numerous international partners.
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The study of more than 3,000 utilities found most remain heavily invested in fossil fuels despite international efforts to reduce greenhouse gas emissions, and some are actively expanding their portfolio of polluting power plants.
The majority of the utility companies, many of which are state owned, have made little change to their generation portfolio in recent years.
Only 10% of the companies in the…
