Canada offers $140 million to carbon capture projects
The projects, whose backers include TransCanada Corp, Spectra Energy, TransAlta Corp, Husky Energy Inc, Enbridge Inc and others, will cut emissions of carbon dioxide from electricity and oil and gas production. The eight proposals are early stage projects that will reduce emissions into the atmosphere and store the carbon dioxide underground or put it to use in other industries.
"CanadaÂ’s tremendous reserves of energy will remain an important source of economic strength for a long time to come," Ms. Raitt said in a statement. "The major challenge we face today comes from identifying and implementing cleaner ways to produce and consume that energy."
CanadaÂ’s minority Conservative government is looking to burnish the countryÂ’s environmental record as it seeks an accord on greenhouse gas reduction measures with the Obama administration in the United States.
The governmentÂ’s funding is part of a $230-million set aside in 2007 to develop technologies that cut emissions from energy production. Canada is offering the projects between $3-million and $30-million each in funding.
Related News
Why Is Central Asia Suffering From Severe Electricity Shortages?
LONDON - Central Asians from western Kazakhstan to southern Tajikistan are suffering from power and energy shortages that have caused hardship and emergency situations affecting the lives of millions of people.
On October 14, several units at three power plants in northeastern Kazakhstan were shut down in an emergency that resulted in a loss of more than 1,000 megawatts (MW) of electricity.
It serves as an example of the kind of power failures that plague the region 30 years after the Central Asian countries gained independence and despite hundreds of millions of dollars being invested in energy infrastructure and power grids.
Some of…
