Carbon Capture plan “not economically feasible.”

Posted on 2024-05-02 by alan

Well duh! If it costs $2.4 billion to extract “up to” 3 million tonnes per year, then at Canada’s carbon “tax” rate of $80 per ton it would take about 100 years to pay for just the capital cost of the plant.

Source: Carbon capture plan faces doubts after Capital Power cancels $2.4-billion project – The Globe and Mail

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Carbon Capture plan “not economically feasible.”

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