Financial, technology risks likely delayed Alberta carbon capture project: analysts

A corporate decision to mothball Canada's largest carbon capture and storage plan is likely the result of financial uncertainty and technological risks, analysts suggest. Capital Power's decision not to pursue its $2.4-billion Genesee project is unlikely to be the first of other such cancellations, said Scott MacDougall of the Pembina Institute, a clean energy think tank. "I think (Genesee) is different enough that I wouldn't extrapolate too much," MacDougall said.Get the latest Edmonton updates