Carbon capture rollout lags as industry, Ottawa at odds over who shoulders risk: CP
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Amanda Stephenson of The Canadian Press writes about an issue that has become a “stumbling block” slowing the development of expensive carbon storage projects: who should bear the financial risk. The bulk of proposed carbon capture projects in Canada exist only on paper, with the financial investment decisions will to be worked out. Carbon capture is considered crucial for decarbonizing Canada’s energy sector successfully, Stephenson writes.
