Feds defend carbon capture technology, urge other parties to pass tax credit

📆 08/05/2024 01:06 p. m.
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OTTAWA — Energy Minister Jonathan Wilkinson says carbon capture technology is not too expensive or ineffective. Wilkinson is defending carbon sequestration systems after a high-profile project in Alberta was abandoned over its price tag.

OTTAWA — Energy Minister Jonathan Wilkinson says carbon capture technology is not too expensive or ineffective.

Capital Power, an Edmonton-based electricity company, pulled the plug last week on plans to build a $2.4 billion carbon capture system at its Genesee generating station, saying the economics didn't work.

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