COMMENTARY: What should the government do about carbon capture? – Alex Epstein

Government should eliminate all special preferences and all special punishments for carbon capture. By Alex Epstein Q: What should the government do about carbon capture? A: Government should eliminate all special preferences and all special punishments for carbon capture. This will allow innovators to explore the field’s potential for profitability and scalability—at no taxpayer expense. Carbon …

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Enbridge Completes Sale of its Interests in Alliance Pipeline and Aux Sable

CALGARY, AB, April 1, 2024 /PRNewswire/ – Enbridge Inc. (“Enbridge” or “the Company”) (TSX: ENB) (NYSE: ENB) announced today the closing of the agreement to sell its 50.0% interest in Alliance Pipeline and its 42.7% interest in Aux Sable to Pembina Pipeline Corporation (“Pembina”) (TSX: PPL) (NYSE: PBA) for $3.1 billion, previously announced on December 13, 2023. This is an important milestone …

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U.S. Oil refiners’ Weekly Capacity Seen Up 29,000 Bpd, IIR Says

U.S. oil refiners are expected to have about 1.1 million barrels per day (bpd) of capacity offline for the week ending April 5, increasing available refining capacity by 29,000 bpd, research company IIR Energy said on Monday. Offline capacity is expected to fall to 847,000 bpd in the week ending April 12, IIR added. The …

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