Globe and Mail: The three major companies involved in a project aimed at reducing Alberta's carbon footprint have dropped out, striking a major blow to the province's efforts to combat fierce international criticism over oil sands emissions. TransAlta Corp. TA-T, along with partners Enbridge Inc. ENB-Tand Capital Power Corp. CPX-T, cancelled their $1.4-billion carbon capture and storage effort Thursday, opting to pay the penalties for emissions rather than cutting them. The project, dubbed Pioneer and tied...
URL: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/albertas-carbon-capture-efforts-set-back/article2414965/
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