Showing posts with label Capital Power. Show all posts
Showing posts with label Capital Power. Show all posts

Sunday, April 29, 2012

TransAlta and friends cancel carbon capture program

The Keephills 3 plant.
Photo by Bruce Edwards for the Edmonton Journal.
Last Thursday a $1.4 billion carbon capture program by TransAlta, Capital Power and Enbridge was cancelled on the grounds of it being uneconomic. "Project Pioneer" was supposed to capture carbon from a new coal plant, Keephills 3, west of Edmonton at a rate of a million tons per year for ten years. The project had received $800 million in provincial and federal government subsidies, most of which will now presumably be paid back.