Shell (SHEL) Advances Carbon Capture Initiatives in Canada

The captured emissions from Polaris will account for 40% of the refinery's emissions and 22% of that from the chemical complex at Scotford. Shell also confirmed its plan to proceed with the Atlas Carbon Storage Hub in collaboration with ATCO Enpower, both holding a 50% stake each. This hub will connect to Polaris via a 22- kilometre pipeline, providing permanent underground storage for the captured CO2. Shell's decision to move ahead with the Polaris carbon capture project has been greatly influenced by the ...