The launch in Canada of the world’s first carbon capture project for oil sands is a welcome statement from an industry under the microscope, the IEA said. With momentum building for the U.N. climate negotiations in Paris, the International Energy Agency said the Canadian oil sands industry was taking remarkable steps with the launch of a novel carbon capture and storage project, which is meant to reduce emissions from oil-sands processing facilities in Alberta. Royal Dutch Shell last week started operations at its Quest CCS project, which the company said would reduce carbon dioxide emissions by 1 million tons per year by storing it deep underground. “The launch of the Quest CCS project in Alberta, Canada, […]