Canada’s CCS potential hinges on policy choices
Potential for CCS to cut emissions may have been overstated, despite country’s huge geological storage resource
The Canadian government is counting on CCS to play a major role in slashing emissions from large industrial emitters in the country in coming decades. However, based on two recent studies by Clean Prosperity—a Toronto-based environmental and economic thinktank—the potential to slash industrial emissions using CCS is likely significantly less than hoped for, despite Canada’s massive onshore geological storage resource, although emission reductions could still be substantial if governments provide the right policy support. Clean Prosperity and the Pembina Institute, a Calgary-based environmental thinktank, differ on what policy support is needed. Canada’s industrial CCS potential Canada has hu
Also in this section
9 September 2024
Addition of CCS was a factor in court’s decision to overturn FERC’s authorisation for NextDecade’s Rio Grande LNG project
2 September 2024
Recently finalised investment tax credits have brought much-needed clarity for Canadian CCS developers, but carbon price uncertainty remains a concern
29 August 2024
Use of captured carbon to make synthetic fuels merits more attention from investors and policymakers
22 August 2024
C-Questra applies for onshore storage permit for site in Grandpuits as part of project to establish highly efficient DACS value chain on French soil