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Carbon Capture Project Aims to Reduce Oil Sands’ Carbon Footprint

FuelCell Energy has signed a contract with investment firm Alberta Innovates for an engineering study on fuel cell carbon capture at a Husky Energy-owned heavy oil thermal facility near Lloydminster, Saskatchewan, Canada. The engineering study is part of a multi-phase project to show how commercial-scale fuel cells carbon capture can … Read more »

Boundary Dam

World’s First Carbon Capture and Storage at Coal Plant Operating

SaskPower began full operation of its flagship carbon capture and storage project at the Boundary Dam power plant in Saskatchewan yesterday, making it the world’s first commercial scale carbon capture and storage facility at a coal-fired power plant. The project was completed at a cost of $1.35 billion and integrates … Read more »

S&P Warns of Credit Downgrade for BP, Shell, Others

Oil and gas companies including BP and Shell will likely see declines in cash flows and credit downgrades if world leaders implement policies to limit GHG emissions, according to a study by Carbon Tracker and Standard & Poor’s. What A Carbon-Constrained Future Could Mean For Oil Companies’ Creditworthiness looks at … Read more »

Exxon, Microsoft, Target Added to Dow Jones Index; IBM Dropped

Exxon, Microsoft, Target Added to Dow Jones Index; IBM Dropped

Exxon, Microsoft, Canadian National Railway and Target are among the largest companies added to, and IBM, GlaxoSmithKline and United Technologies among those dropped from, one of the world’s leading sustainability indices. Swiss-based investment firm SAM and Dow Jones Indexes released the 2012 Dow Jones Sustainability Index review, which tracks the … Read more »