The $16 billion Pathways carbon capture project in Canada is facing internal division as former executives and industry groups question its viability. Concerns center on whether the current carbon pricing framework is competitive enough to justify the massive investment in carbon capture and storage. While the federal government maintains that carbon capture is a critical tool for decarbonization, industry players are pushing back against the target carbon price of $130 per tonne by 2030. This tension highlights the struggle to align climate policy with the economic realities of the oil sands.
