The Pathways project aims to capture and store 16 million tonnes of CO2 annually from Alberta's oilsands by 2035. The plan involves a 650 kilometer pipeline network transporting liquefied carbon to a storage hub in the Basal Cambrian Sandstone formation. Project viability depends on a complex agreement between industry players and government bodies regarding cost sharing and carbon pricing. With a target carbon price of 130 dollars per tonne by 2040, the project utilizes carbon contracts for difference to provide long term financial certainty for investors.
