A hopper moves dirt in Suncor's Millennium mine in the oilsands in Fort McMurray Alta, on Monday June 13, 2017. Canada's biggest oilsands producers say they will spend $16.5 billion before 2030 on the first stage of a massive proposed carbon capture and storage facility near Cold Lake, Alta. THE CANADIAN PRESS/Jason Franson.The CEO of one of the oilsands companies behind the Pathways Alliance says the group expects to provide a significant update on its proposed $16.
The companies have proposed jointly investing in the construction of what would be one of the largest carbon capture projects in the world. The project would take the form of a massive pipeline built to transport carbon from 20 separate carbon capture facilities at oilsands sites in northern Alberta to an underground hub near Cold Lake for safe storage.
“I worry sometimes that because we haven’t hit milestones, or we’re not moving as fast as people think we should be moving, that they think there’s nothing going on with this project,” Evans said.
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