Financiers, Credit Analysts Await Carbon Price Signals

SUGAR LAND--July 31, 2009--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Outside of enhanced oil recovery (EOR) projects, financing carbon capture and storage (CCS) projects will not be possible until the market assigns a price for carbon dioxide, panelists agreed at Infocast's third annual carbon sequestration development and finance summit in Houston last week.