TC Energy Exits North Dakota's $2 Billion Carbon Capture Project [Yahoo! Finance]
TC Energy Corporation (TRP)
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Source: Yahoo! Finance
billion initiative aimed at capturing CO2 emissions from the Milton R. Young Station coal-fired power plant. According to Politico, this decision marks a significant shift for North Dakota's ambitious carbon capture project and is expected to delay the final construction decision. This move presents new challenges for the project's future. It has sparked reactions from both energy and environmental sectors, raising concerns about the long-term feasibility and financial support for carbon capture technologies in the state. Project Tundra, led by Minnkota Power Cooperative, has been in development for nearly a decade with the primary goal of capturing planet-warming CO2 emissions from the Milton R. Young Station, located in Center, North Dakota. This project is a key component in the state's strategy to address climate change while continuing to rely on coal-based power. Initially, the project was designed to capture emissions from one of the station's two coal units. This should cont
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