$2B carbon capture and storage plan released

CBC News

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A $2-billion carbon capture and storage plan aimed at reducing greenhouse gas emissions was released Thursday by a task force established by the Alberta and federal governments in March 2007.
Carbon capture and storage means that the CO2 emitted from oil and gas operations, coal-fired power plants and industrial facilities is injected deep into the ground rather than released into the atmosphere.
The report's main recommendation is for the federal and provincial governments to provide $2 billion in funding to get five new carbon capture and storage facilities operating by 2015.
Taxpayers should not have to pay to reduce the pollution created by industry, said John Bennett, executive director of Ottawa-based environmental group ClimateforChange.ca when asked about the recommendation.
Alberta's recently released climate change plan relies heavily on the development of carbon capture and storage technology to achieve reductions of 14 per cent below 2005 levels by 2050.
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