09-02-2023 13:53 via ctvnews.ca

Carbon capture too expensive, takes too long to build: Report

By betting it can solve its emissions problem with carbon capture and storage, Canada's oil and gas industry risks saddling itself with expensive stranded assets, a new report argues. The report, released Thursday by the International Institute for Sustainable Development -- a Winnipeg-based think-tank that focuses on climate and sustainable resource development -- concludes carbon capture and storage technology costs too much and takes too long to build to have any hope of helping industry meet
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