Canada’s largest oil sands producers have reached an agreement with Alberta to evaluate a proposed carbon storage hub in the northeastern part of the province.
, saying it would allow work to begin this winter on assessing geological properties and the feasibility of the underground CO2 storage project.
“With this agreement in place, we can continue to progress this ambitious project that will help position Canada as one of the world’s most advanced nations in decarbonizing its energy production,” Dilling said in a written statement. The group wants to eventually open the facility to other industries interested in carbon capture and storage technology.
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