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Article: United States: Alberta government's carbon capture and storage (CCS) initiative will accelerate emissions reduction says TransAlta CEO.
- Article from:
- TendersInfo
- Article date:
- July 12, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mamta03
Steve Snyder, TransAlta Corporation's , President and CEO, today applauded the Alberta government's commitment to provide $2 billion in funding for the development of Carbon Capture and Storage (CCS) technology, saying CCS is vital if Canada is to achieve its goal of reducing carbon emissions by 20 per cent from current levels by 2020.
"We commend Premier Stelmach for his leadership and for his government's commitment to make CCS a reality," said Mr. Snyder. "CCS has the potential to contribute to Canada's economic prosperity and dramatically reduce our environmental footprint at the same time. Given its thermal assets, storage potential ...