A study published last week by the non-profit group Environmental Defence (ED) finds that Canada’s heavily subsidized carbon capture, utilization and storage (CCUS) projects are sequestering just 0.05 per cent of this country’s greenhouse gas emissions.
The study, titled “Buyer Beware: Fossil Fuel Subsidies and Carbon Capture Fairy Tales in Canada,” suggests carbon capture efforts have woefully underperformed, despite both the federal government and fossil fuel industry claiming the technology is an important tool in the fight against climate change.
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