Oil sands carbon capture one step closer
Jul 12, 2012 at 4:55 am in Business, News by tyler.king
Regulators have conditionally approved the idea of pumping carbon emissions from the oilsands deep into the ground.
The Energy Resources Conservation Board gave the O-K to Shell’s Quest project which would store more than one million tonnes of carbon dioxide a year from its Scotford upgrader.
Cara Tobin with the ERCB says there are still hurdles to clear.
“The decision has been sent to Alberta Environment and Sustainable Resource Development for review,” she said. “That department may impose additional conditions with respect to the environment, which will then be added to the ERCB’s approval.”
The project would get more than 700 million dollars in provincial tax money.
Published July 12, 2012