On October 16, 2009
Canada Starts Doling Out Carbon Capture Dollars
It seems like it was just yesterday that fellow BNET Energy blogger Chris Morrison wrote about the escalation of political rhetoric calling for carbon capture and storage projects. In fact, it was two days ago. The International Energy Agency has called for a rapid deployment of the technology — starting now — for the bargain basement investment cost of $2.5 trillion to $3 trillion through 2050. That includes a $3.5 billion to $4 billion annual commitment from some governments over the next 10 years to fund demonstration projects. Morrison held up China — with its high coal usage and growing economy — as a potential candidate to embark on the IEA’s call to arms. But what about Canada? The Alberta and federal…
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