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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by Wortepon Oct 14, 2009 2:34pm
268 Views
Post# 16387513

This should help Coal in general for Canada

This should help Coal in general for Canada

I borrowed this from Gambix on the GXS site.

PM says Canada can be carbon capture world leader; announces clean coal project

10/14/2009 10:25:00 AM | Related symbols: T.TA | Canadian Press (English)

WABAMUN,Alta. - Prime Minister Stephen Harper says carbon capture and storagewill define the future of Canada's energy industry.

He says that's why Ottawa is investing$343 million in a coal-fired electricity generation plant in Alberta.The plan is for the plant to use leading-edge technology to capture andstore underground up to one million tonnes of carbon dioxide a year.

The money is coming out of the federal government's $1-billion clean energy fund.

TheAlberta government is also throwing a total of $436 million into theTransAlta Corp. (TSX:TA) plant at Wabamun west of Edmonton.

Harper was in Wabamun to make the announcement and is to meet with business leaders in Edmonton later in the day.

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