Uncertain economic returns and duration of federal tax credits could delay or cancel project proposed by six oil firm majors, set to be the world’s largest, says energy sector research firm Wood Mackenzie.
GAO analysis says 11 large-scale projects at coal-fired power plants and industrial sites were funded; department counters that a new clean energy demo program beefed up with with infrastructure act funds will fix cost management.
With big rise set in Canada’s carbon tax, oil and gas firms are responding to government request for proposals to build larger CCS and green energy projects.
HeidelbergCement unit launches feasibility study to install technology to capture and store almost all carbon emissions for potential resale on the market.
