Canada offers $140 million to carbon capture projects

subscribe

Eight carbon capture and storage projects in Western Canada will share $140-million in funding from the Canadian government, Natural Resources Minister Lisa Raitt said.

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

bc ferries hybrid ship

BC Ferries celebrates addition of hybrid ships

VICTORIA - In a champagne celebration, BC Ferries welcomed two new, hybrid vessels into its fleet Wednesday. The ships arrived in Victoria last month, and are expected to be in service on northern routes by the summer.

The Island Aurora and Island Discovery have the ability to run on either diesel or electricity.

"The pressure on whales on the West Coast is very intense right now," said BC Ferries CEO Mark Collins. "Quiet operation is very important. These ships will be gliding out of the harbor quietly and electrically with no engines running, that will be really great for marine space."

BC Ferries…

READ MORE
social media blogger

More people are climbing dangerous hydro dams and towers in search of 'social media glory,' utility says

READ MORE

Ontario prepares to extend disconnect moratoriums for residential electricity customers

READ MORE

Nova Scotia Power says it now generates 30 per cent of its power from renewables

READ MORE

Ontario Premier Doug Ford

Group of premiers band together to develop nuclear reactor technology

READ MORE