Low natural gas prices force delay of Swan Hills Synfuels carbon capture project

The proposed Synfuels carbon capture gasification plan was one of four such plants designed to make conventional coal-fired power obsolete in Alberta. Currently, natural gas prices sit at $3.00 per gigajoule, and the province wants to wait until prices stabilize at $5.00 per gigajoule before reviving the Swan Hills project.

Check out an article in the Edmonton Journal for more information:

http://www.edmontonjournal.com/technology/Swan+Hills+Synfuels+defers+carbon+capture+project+because+natural+prices/8012978/story.html