Pathways Carbon Capture Network Faces Funding Challenge in Alberta
The Pathways carbon capture network in Alberta requires significant public funding, prompting debate over its viability. Oilsands companies estimate construction costs exceeding $20 billion, seeking 75% government support.
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The Pathways carbon capture network aims to collect CO2 from 13 oilsands sites in northern Alberta for underground storage. Estimated construction costs exceed $20 billion, leading oilsands companies to request government funding for 75% of the total expenses.
This reliance on taxpayer funding raises questions about the financial burden on public resources and the feasibility of such large-scale environmental initiatives. If the project does not secure adequate funding, it could hinder progress in carbon capture technologies within the region.
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