Suncor Energy Inc.
Canada has found a predictable ally among oil industry executives in its battle to defend oil (tar) sands from a draft EU law.
Although the Obama Administration and many environmental organizations are diametrically opposed on the potential of “clean coal” and carbon capture and storage (CCS), venture capitalists are funding companies with a range of CCS technologies.
Here are four venture-funded companies at the leading edge of “clean coal”: Calera Corporation, Novomer Inc., Akermin, Inc., and GreatPoint Energy.
Canada’s largest oil company, Suncor Energy Inc. (NYSE: SU) and its largest mining company, Teck Resources Limited (NYSE: TCK), will partner to build a CDN$220 million 88-megawatt wind power project, the companies announced Wednesday. The companies are already partners in the Fort Hills Oil Sands Project.