A new report says there are sufficient incentives in place to offset risk of investing in CCUS. Find out more.
This advertisement has not loaded yet, but your article continues below.“ means that no further measures — such as changes to Alberta’s oilsands royalty system — are needed, and there is sufficient up-front and sustained support for CCUS projects to progress to final investment decision in Alberta,” the report said.
If the province comes in and gives them a really favourable royalty treatment, taxpayers start to shoulder that cost“If the province comes in and gives them a really favourable royalty treatment, taxpayers start to shoulder that cost,” Gorski said.
Meanwhile, many energy executives have argued that the U.S. Inflation Reduction Act, which will unleash billions in green subsidies south of the border, could draw investment dollars away from Canada if Ottawa doesn’t act quickly to implement similar incentives.
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