Canada's costly gamble on carbon capture and storageVideo: Canada's costly gamble on carbon capture and storage
The Pathways Alliance's estimate for Phase 1 of its carbon capture and storage project is $16.5 billion. That only captures 10 Mt to 12 Mt of the 86 Mt per year emitted by the Alberta oil sands. Canadian taxpayers could be on the hook for $50 billion or more by the time the dust settles. Interview with Sverra Alvik of Norwegian risk management firm DNV about his company’s new report, Energy Transition Outlook: CCS to 2050.