Canada plans $20 billion in subsidies for carbon capture, clean tech
OTTAWA (Reuters) -Canada's government will present legislation this month to start paying subsidies for carbon capture and net-zero energy projects, a source with direct knowledge of the matter told Reuters, part of a plan to worth around $20 billion over five years. A long delay in state support for carbon capture utilization and storage (CCUS) projects and for equipment used to produce low-carbon energy prompted industry lobbies to warn in September that some C$50 billion ($36 billion) worth of investments were at risk if the government did not act soon. Finance Minister Chrystia Free...