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Alberta's turn to ante up in carbon capture 'poker game' with Ottawa

Writer's picture: PopCanPopCan

Calgary Herald: 'The province isn’t putting all of its cards on the table, but doesn’t seem particularly anxious to ante up more money.


'“Everyone is positioning. So it’s a poker game,” said one oilpatch executive.


'“The poker game isn’t around the fact Kenney and the feds aren’t going to pay — they are definitely going to pay. It’s a matter of the dollars that everybody is asking for.”


'All of this positioning is being spurred by the federal commitment that Canada reduces its emissions by up to 45 per cent by 2030. Carbon capture and storage is a proven technology, but it requires a huge upfront investment.'

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