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True Dough

(23,415 posts)
3. Story today in the Canadian media about Canada's largest carbon capture project
Mon Apr 8, 2024, 01:39 PM
Apr 2024

Sounds like there's a lot of bickering between government and industry. Hopefully this moves forward and achieves its targets.


The companies have yet to make a firm investment to advance the project over a lack of certainty from Ottawa.

The oilpatch represents the largest share of greenhouse gas emissions in the country and the Pathways project would be one of the largest carbon capture projects in the world. The oilsands companies are aiming for a 32 per cent reduction from 2019 emissions levels by 2030 — which is only possible if the Pathways project goes forward on time...

Oilsands companies need to start acting quickly because developing carbon capture facilities at this scale will take time and the world is increasingly focused on low-carbon sources of energy, said Raoul LeBlanc, a vice president with S&P Global Commodity Insights.

"It's got a real advantage versus the Permian Basin in Texas which has around 60,000 Individual oil well sites spread over a large area. The oilsands sector has a lot of emissions, but they're very concentrated," he said.


https://www.cbc.ca/news/canada/calgary/bakx-pathways-oilsands-wilkinson-ccfd-itc-1.7163777

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