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.
White House seeks comment by March 18 on approaches to extract CO2 from sources and from the air, with $2B for new pipelines. Capture projects have strong critics, but DOE also funds $4M of planned Rio Tinto-Talon Metals nickel mine demo project in Minnesota.
