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North American stock markets rally to pare early losses over inflation concerns
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Oil sands come with a $60 billion bill for cutting carbon
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Oil sands come with a $60 billion bill for cutting carbon
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Oil sands come with a $60 billion bill for cutting carbon
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To achieve the goal announced last month, about half of the emission cuts would need to come from capturing carbon at oilsands sites and sequestering it deep underground, which may require as much as two-thirds government capital like in Norway, Mark Little, chief executive office of Suncor Energy Inc., said in an interview. It’s still unclear how and when most of the projects will be implemented, or which agreements will be needed, but it’s clear the industry doesn’t want to do it alone.
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