PPL proposes unified effort for CO2 captureMakes sense.
>>>WINNIPEG — Canada’s Pembina Pipeline Corp is asking backers of two competing proposals for carbon capture hubs in the oil-producing province of Alberta to combine efforts with its own plan, the company’s chief executive said on Tuesday....The Pembina-TC plan, called Alberta Carbon Grid, faces competition from at least two others — Oil Sands Pathways, pitched by the largest oil sands producers, and Polaris, a proposal by Royal Dutch Shell. Pembina has spoken with both groups about joining together and talks remain active, CEO Mick Dilger told Reuters. “A single, large carbon capture program at scale is by far the most sensible way to do things,” Dilger said. “If everybody works together, we’ll come up with a more cost-effective solution.
https://financialpost.com/commodities/energy/oil-gas/pembina-tc-energy-look-to-merge-carbon-capture-plan-with-rivals