Public funds push carbon capture projects forward

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Public funds push carbon capture projects forward

https://www.nationalobserver.com/2024/07/15/news/public-funds-push-carbon-capture-projects-forward

Using taxpayer dollars, the federal government and fossil fuel companies are pushing forward carbon capture projects in Canada’s oil and gas sector.

Public funds push carbon capture projects forward

“[Carbon capture] is a dangerous distraction driven by the same big polluters who have caused the climate emergency,” Julia Levin, associate director of national climate for Environmental Defence, told Canada’s National Observer in a phone interview.

This situation is “especially frustrating because Strathcona has no intention of paying a single dime between getting 50 per cent of their capital costs covered by the investment tax credit and 50 per cent covered by the Canada Growth Fund,” Levin said.

“Why are taxpayers covering the full cost of one of the country's largest oil producers to continue to extract more oil?”