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Canadian budget offers restricted support to CCUS

Canadian budget offers restricted support to CCUS Apr 20, 2021 2:30:pm Summary by: Dale Lunan Canada will provide tax-based incentives for the development of carbon capture utilisation and storage (CCUS) projects, but intends to bar schemes that use captured CO2 in enhanced oil recovery (EOR) operations from participating, federal finance minister Chrystia Freelan. Posted in:

On carbon capture, federal budget delivers promise, if not funds

On carbon capture, federal budget delivers promise, if not funds There was disappointment in Alberta when the federal budget didn’t put a lot of cash on the table for carbon capture and storage projects. But what Ottawa is promising has potential, if it s done properly, says business commentator Deborah Yedlin. Social Sharing Once deemed too expensive, carbon capture and storage is now seen as crucial to meeting world s climate goals Posted: Apr 20, 2021 12:03 PM MT | Last Updated: April 20 Shell Canada s Quest carbon capture and storage project at the Scotford Upgrader north of Edmonton. Carbon capture is seen as a critical tool to meet the world’s climate targets, says business commentator Deborah Yedlin.(Jason Franson/The Canadian Press)

A short on human ingenuity : Why CPPIB s new chief says fossil fuel divestment is off the table under his watch

Article content The new chief executive of the Canada Pension Plan Investment Board has no plans to institute a blanket divestment of oil and gas assets during his tenure, in part because he believes science will find solutions to many of the issues that have made environmentalists and some investors question such holdings. “Simple divestment is essentially a short on human ingenuity,” John Graham told the Financial Post in a recent interview, adding that there are “incredibly bright, talented” scientists and engineers in the oil and gas industry. We apologize, but this video has failed to load. Try refreshing your browser, or

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