CALGARY, ALBERTA--(MARKET WIRE)--Jul 8, 2008 -- Steve Snyder, TransAlta Corporation's (Toronto: ), President and CEO, today applauded the Alberta government's commitment to provide $2 billion in funding for the development of Carbon Capture and Storage (CCS) technology, saying CCS is vital if Canada is to achieve its goal of reducing carbon emissions by 20 per cent from current levels by 2020. "We commend Premier Stelmach for his leadership and for his government's commitment to make CCS a reality," said Mr. Snyder. "CCS has the potential to contribute to Canada's economic prosperity and dramatically reduce our environmental footprint at the same time. Given its thermal assets, storage potential and access to world leading energy expertise, Alberta is an ideal location to demonstrate the benefits of this technology, which can...
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