Canadian Prime Minister Mark Carney has stated that any new oil pipeline to the BC coast is conditional on the success of the Pathways carbon capture initiative. This strategy links fossil fuel infrastructure directly to an estimated 16.5 billion dollar investment in carbon sequestration technology. The move signals a strict approach to decarbonizing oil production through a combination of experimental carbon capture and a rising carbon tax. This policy framework aims to maintain production while meeting climate targets, though it remains a point of contention among global suppliers.
