Alberta Fact Check: Ottawa's carbon capture obsession is making Alberta oil more expensive for customers who aren't asking for it

Subhead:The carbon capture initiatives touted by the federal government face enormous hurdles.#   Prime Minister Mark Carney wants Alberta's oil industry to spend tens of billions of dollars on carbon capture before Ottawa will fully embrace new pipeline projects. The problem? The evidence suggests customers aren't demanding "decarbonized" oil in the first place. A new Fraser Institute study concludes that carbon capture, utilization and storage (CCUS) faces enormous technical and economic hurdles. Despite decades of investment, large-scale projects have routinely fallen short of expectations, often capturing less carbon than promised while costing far more than initially projected. The study also notes that scaling CCUS across the...

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