Oilsands carbon storage project criticized as a $20 billion boondoggle in new commentary
energynow.caA recent commentary on EnergyNow argues that a proposed $20 billion carbon capture and storage project for Canada's oilsands is a wasteful boondoggle. The author claims the project will not deliver meaningful emissions reductions at a reasonable cost and questions the value of pouring public and private money into large-scale CCS for the sector. The piece adds to the ongoing debate about whether carbon capture is a viable climate solution or a subsidy for continued fossil fuel production. For readers tracking carbon markets and emissions policy, this article is a reminder that CCS economics remain contentious. The $20 billion price tag raises questions about cost per tonne of CO2 avoided and whether the same money could achieve deeper cuts if spent on renewables, efficiency, or direct air capture. The commentary is worth reading for anyone following Canadian climate policy and the future of oilsands decarbonization.
