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Company proposing huge oilsands plan aims to be ‘carbon neutral’ by 2050

  • February 04, 2020
  • Technology

The Vancouver-based mining association proposing to build a large Frontier oilsands cave in northeastern Alberta has set a aim to be “carbon neutral” by 2050.

Teck Resources Ltd., that is available a preference from a sovereign supervision on Frontier, says it will try to grasp a idea by initial avoiding formulating emissions and afterwards expelling or minimizing them.

It says it will demeanour during choice ways of relocating materials during a mines, regulating cleaner appetite sources and implementing potency measures.

Teck is also vowing to furnish some-more metals indispensable for a transition to a low-carbon economy, including copper for electric vehicles and renewable appetite generation.

Teck alone announced Monday it and a partners have sealed a long-term appetite squeeze agreement for their new copper mining plan in Chile that will outcome in about half of a handling appetite needs being confident by renewable appetite sources.

The Frontier oilsands cave is a due open-pit operation, located between Fort McMurray and Fort Chipewyan, graphic above, in northeast Alberta. (Jeff McIntosh/CP)

Last week, Teck CEO Don Lindsay pronounced winning sovereign capitulation for a Frontier plan doesn’t indispensably meant it will be built — a association will also need adequate tube access, a right commodity prices and a partner to share a costs.

“Setting a design to be CO neutral by 2050 is an critical step brazen in a joining to shortening emissions and holding movement on meridian change,” Lindsay pronounced Monday in a news release.

“Climate change is a tellurian plea that a association and a attention need to minister to solving. We will pursue a technologies and measures required to revoke CO emissions opposite a business, while stability to responsibly yield a metals and minerals required for a world’s transition to a low-carbon economy.”

Teck owns 21.3 per cent of a Fort Hills oilsands mining plan operated by Suncor Energy Inc.

Article source: https://www.cbc.ca/news/canada/british-columbia/bc-teck-resources-carbon-neutral-1.5449938?cmp=rss

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