“As CCS technology becomes more widely applied, it is expected that costs will come down. “Practically all forms of low-carbon technology currently receive a good measure of government support, and some more than others,” said Victor Der, general manager, The Americas of the Global CCS Institute. and North West Redwater Partnership also enjoys strong government backing. Last year, the Alberta government and privately owned Swan Hills Synfuels discontinued their $285-million CCS funding agreement, citing low natural gas prices.ĭespite the setbacks, the Canadian government and industry are pushing ahead with two other CCS projects in Alberta: the $1.35-billion Quest project backed by Shell Canada Ltd., Chevron Corp and Marathon with heavy funding from Alberta and Ottawa and a $1.2-billion Alberta Carbon Trunk Line, managed by Enhance Energy Inc. abandoned plans to build a $1.4-billion plant despite government backing. Article content As CCS technology becomes more widely applied, it is expected that costs will come down This advertisement has not loaded yet, but your article continues below.
