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Shell Sees Carbon Price of $60 to $80 Needed to Justify CCS
2015-11-09 14:23:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Carbon capture and storage projects need a $60 to $80 price for carbon dioxide to justify building them, Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden said. Thats more than five times the current price of C$15 ($11.27) a ton in Alberta, Canada, where the oil company began commercial operations for a CCS project Friday. The technology is still too expensive for wide-scale use without government support, van Beurden said in a briefing with journalists at the companys Scotford...
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Category:Electronics and Electrical