CALGARY – With half of its electricity plants fuelled by coal, the head of TransAlta Corp. is a believer in how valuable carbon capture and storage could be for the company.
But a decision in April to scrap Project Pioneer, a $1.4-billion project to capture carbon dioxide emissions from an Alberta coal plant and store them underground, has TransAlta (TSX:TA) president and CEO Dawn Farrell less optimistic about the technology’s feasibility in the future.
