CARBON PIPELINE IN CANADA

That is going to be one HIGH-PRESSURE pipeline.

Alberta plans $1.5B CO2 pipeline
Darcy Henton, March 5, 2007 (Cnews)

- Alberta plans to pour some of the millions of dollars expected from Prime Minister Stephen Harper's Eco Fund into construction of a $1.5 billion carbon dioxide pipeline, says Premier Ed Stelmach…
- Alberta is proposing to capture carbon dioxide emissions from heavy emitters and pump them into mature oilfields to dramatically enhance the recovery of conventional oil from depleting reservoirs.
- The process is known as carbon sequestration.
- The premier said additional funds for the pipeline's construction will come from a provincial technology fund that greenhouse gas emitters will pay into for every tonne of emissions they produce over the target level his government aims to set this spring…a spokesman for the Canadian Association of Petroleum Producers [CAPP] has said industry is looking at a target that would cut emissions intensity by 12%.

- Stelmach said his government is pushing for more.
- CAPP says few companies could meet the 12% target, but the proposal is "affordable" as long as the penalty is in the range of $15 per tonne of emissions...A 1000 mw coal-fired power plant produces about six million tons of carbon dioxide annually…
- Liberal energy Critic Hugh MacDonald said he has no problems with carbon sequestration plan…"It's a good idea and it's about time. It's a win-win."