Big Oil makes case for carbon-capture subsidies
(ON) The Globe and Mail - Canada’s oil sands companies say they must adopt expensive carbon-capture-and-storage technology to meet environmental challenges, but will require major government subsidies to do so for at least the next decade.
While carbon-capture-and-storage (CCS) will be expensive, the industry defends it as being competitive with wind power and biofuels in terms of the cost per tonne for reducing greenhouse gas emissions. More
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POSTED: Monday, November 9th, 2009
