GREY:XEBEQ - Post by User
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EndGame11on Jul 16, 2022 10:46am
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Canada should make a 'big bet' on carbon capture
Canada should make a 'big bet' on carbon capture
Canada should make a big bet on carbon capture to lower emissions from the oil and gas sector, Mark Carney, former governor of the Bank of Canada told delegates at the International Economic Forum of the Americas in Montreal, which brought together business leaders from around the world to discuss the green transition in the private sector. For Canada as a whole, we need to make a big bet, or I should say investment rather than a bet, in carbon capture in Western Canada to address the 25 per cent of our emissions that come from the oil and gas sector, he said on Tuesday. Its necessary, in and of itself, to address that. Carney added that Canada has the opportunity to be front and centre in the reordering and rewiring of the global economy. As the world is being rewired, weve got clean energy, weve got amazing human capital, weve got stability, weve got fantastic trading relationships around the world, he said. And all of that gets leveraged. https://financialpost.com/commodities/energy/oil-gas/mark-carney-canada-big-bet-carbon-capture