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Stocks in play: Enbridge Inc.

Baystreet.ca
·1 min read

And Lehigh Cement announced a memorandum of understanding to collaborate on a carbon solution for Lehigh's cement manufacturing facility in Edmonton, Alberta. Lehigh is developing North America's first full-scale carbon capture, utilization and storage (CCUS) solution for the cement industry at its Edmonton plant, with the goal of capturing approximately 780,000 tonnes of carbon dioxide (CO2) annually. Captured emissions would be transported via pipeline and permanently sequestered by Enbridge. Subject to the award of carbon sequestration rights and regulatory approvals, the project could be in service as early as 2025. Enbridge Inc. shares T.ENB are trading up $0.65 at $52.39.

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