Alberta targets emission cuts with carbon capture - Reuters

[Eugene]

Source: Reuters

Alberta targets emission cuts with carbon capture
Thu Jan 24, 2008 4:45pm EST

By Jeffrey Jones

CALGARY, Alberta (Reuters) - Alberta, Canada's top oil-
producing province, will let greenhouse gas emissions rise
for more than a decade before emission cuts take hold in a
new climate change plan that includes no new restrictions
on industrial emitters.

The government of Premier Ed Stelmach said on Thursday
it expects to bring carbon emissions 14 percent below 2005
levels by 2050, mostly through capture and storage of the
gases blamed for global warming.

But emissions in the province -- where more than $100
billion of oil sands projects are planned -- will rise until
around 2020 as oil output triples, according to the plan.

Stelmach said Alberta cannot risk harming its reliability
as a key oil supplier to the United States or damaging its
own economy. Any new barriers to investment would
threaten Alberta's C$74 billion ($73 billion) of annual
exports to the United States, he said.

-snip-

Read more: http://www.reuters.com/article/environmentNews/idUSN2428309820080124

[XemaSab]

1. $20 says they're going to use the carbon for enhanced oil recovery.

Do I have any takers? :shrug:

Bueller? Bueller? Anyone? :shrug: