CALGARY, Feb. 1 /CNW/ - Late yesterday, the Canada-Alberta Task Force on
Carbon Capture and Storage (CCS) released its long-awaited report.
Stephen Kaufman, the head of the ICO(2)N Carbon Capture and Storage group
of companies is available today in Calgary to comment on the
Federal-Provincial report. The ICO(2)N group has proposed this country's
single largest greenhouse gas reduction opportunity, with the potential to
reduce carbon dioxide (CO(2)) emissions by 20 million tonnes annually, the
equivalent of removing four million cars from the road.
"The Task Force report is a strong step forward for CCS development in
Canada. It is thorough and visionary, and supports the concept of a major
integrated CCS system that the 18 companies in ICO(2)N have been
advocating. The Task Force report demonstrates that governments and
industry need to act together to maximize the emissions reductions from
CCS. The report's five megatonne recommendation is a good start and we
believe more is possible by taking an integrated long-term approach."
The ICO(2)N group has been working for over two years to complete the
necessary technical analysis to proceed on CCS and continues to engage the
federal and provincial governments to move the integrated network concept
The companies participating in the ICO(2)N carbon capture and storage
initiative represent a cross-section of Canadian industry committed to helping
Canada meet its climate change objectives. The eighteen ICO(2)N participants
are: Agrium Inc., Air Products Canada Ltd., Canadian Natural Resources Ltd.,
ConocoPhillips Company, EPCOR, Husky Energy Inc., Imperial Oil Ltd., Keyera,
Nexen Inc., Shell Canada Ltd., Sherritt International Corporation, Suncor
Energy Inc., Syncrude Canada Ltd., Total E&P Canada Ltd., and TransAlta
Corporation, StatOilHydro, Chevron Canada, OPTI Canada.
ICO(2)N's December 2007 report Carbon Capture and Storage: A Canadian
Environmental Superpower Opportunity is available online at
Mr. Kaufman's telephone number in Calgary is 403-269-8195.
Yesterday's news release about the Federal-Provincial Task Force report
is available online at
For further information:
For further information: Stephen Kaufman, (403) 269-8195