Phasing Out Coal in Alberta Almost Impossible According to TransAlta

- May 5th, 2010

TransAlta and Washington State station agreed to cut carbon-dioxide emissions in half within 15 years so the phasing out of coal is being practiced but not with Alberta at this time according to Power producer TransAlta Corp. TransAlta (TSX:TA) announced late Monday that it has signed a memorandum of understanding with Washington’s Department of Ecology. […]

TransAlta and Washington State station agreed to cut carbon-dioxide emissions in half within 15 years so the phasing out of coal is being practiced but not with Alberta at this time according to Power producer TransAlta Corp. TransAlta (TSX:TA) announced late Monday that it has signed a memorandum of understanding with Washington’s Department of Ecology. The agreement is to cut greenhouse gas emissions in half at the company’s plan in Centralia, Wash., by 2025 by shifting from coal to greener sources like natural gas and other renewables.  But this is different from Alberta.

To discuss his company’s higher first-quarter profits, TransAlta chief executive Steve Snyder said on a conference call last Tuesday, “Alberta’s quite different.  We have significant coal reserves. A significant amount of our availability is through coal plants and we have excellent opportunities for carbon capture.”

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