“We need to prove it out on a bigger scale than it’s existed so far. And so we actually think there’s a role for the government in de-risking some of those big investments when there’s obvious benefits to the public from reducing Canada’s emissions,” said Dillon.
, federal ministers Jonathan Wilkinson and Steven Guilbeault confirmed that the government is proposing “a tax credit to help drive the growth of Canadian CCUS technologies”, while stressing that it “cannot be used for CCUS activities designed to extract more petroleum.
Carter argued that oil companies, in particular, don’t need financial incentives from governments to adopt low carbon technologies, especially with the high energy prices which drive higher revenue.
I bet it does! Privatize the profits, socialize the costs. Corporate welfare demands from the same neoliberal asshats who are fine with Canadians trying to live on starvations wages.