It’s not a sure thing that carbon capture will be the main bridge across the vast expanse of the energy transition.
But therein lies the problem. Today, oil and gas account for more than a quarter of Canadian emissions. That has to come way down if the country stands a chance of meeting its CO2 reduction target. But the transition to cleaner technology won’t happen overnight, and currently a massive portion of the Canadian economy and employment remains tied to traditional energy production and use.
It has spent more than six months consulting with various parties on how the benefit should be structured, and what activities should be covered. The final policy is expected to be part of the 2022 budget. As of today, the ability to capture and sequester carbon on a massive scale is crucial to their plan. Oil sands production and processing make up the largest share of oil and gas emissions, so getting that under control would have a meaningful impact.
No it can't. The technology won't be efficient enough to meet emission targets by 2050. It's a distraction and it enables polluters to keep emitting GHGs 1/3
Hows the carbon capture plant in Estevan doing? The answer is not good.
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