SHEL - Shell's Move Toward Net Zero Emissions - To Build Carbon Capture And Storage Project In Canada | Benzinga
Shell plc‘s (NYSE:SHEL) Canadian unit disclosed the Final Investment Decision (FID) for the Polaris carbon capture project at the Shell Energy and Chemicals Park in Scotford, Alberta, Canada.
The Polaris project aims to capture around 650,000 tonnes of CO2 annually from the Shell-owned Scotford refinery and chemicals complex.
Polaris, fully owned by Shell, aims to cut Scope 1 CO2 emissions by up to 40% at Shell's Scotford refinery and by up to 22% at the chemicals complex through carbon capture and storage.
In addition, Shell announced an FID to move ...