Friday, October 9, 2009

Canada Invests In Carbon Capture For Oil Sands

The Syncrude extraction facility in the northern Alberta oil sand fields is reflected in the pool of water being recycled for re-use in the extraction process in Fort McMurray, Canada in 2007. Canada will invest 865 million Canadian dollars (821 million US) to capture carbon emissions from its vast oil sands, reviled by environmentalists as hugely polluting, officials said Thursday.
(AFP/File/David Boily)

From Yahoo News/AFP:

OTTAWA (AFP) – Canada will invest 865 million Canadian dollars (821 million US) to capture carbon emissions from its vast oil sands, reviled by environmentalists as hugely polluting, officials said Thursday.

"The most viable emission-reducing technology for fossil fuels is carbon capture and storage," said Canadian Energy Minister Lisa Raitt.

"The government of Canada is backing up our support for carbon capture and storage with substantial investments... (to) reduce greenhouse gas emissions while creating high-quality jobs for Canadians."

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