American Companies Beating Europe to First Commercial CCS Plant
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Companies in the U.S. and Canada are likely to beat European rivals in building the first large-scale project trapping carbon dioxide to sequester underground, Bloomberg New Energy Finance said.
Air Products & Chemicals Inc., based in Allentown, Pennsylvania, and SaskPower International Inc. of Canada are the closest to building a utility-sized carbon capture and storage plant, the London-based industry analyst said in a report today.