Following the recent termination of Capital Power's $2.4-billion carbon capture and storage project in Alberta, Thomas Timmins, leader of Gowling WLG's Energy Group in Canada, spoke to Canadian Press about the technology's future commercial viability – particularly in light of persistent financial and technology uncertainties around large-scale projects.
"It is not where the proponents of the technology might wish it were," he said. Without a groundbreaking technological innovation, Timmins stated that carbon capture will still require public support for projects to proceed. "What's needed? Either a breakthrough or government money."
Click the link below to read the full article, which was syndicated in CBC, Financial Post, Toronto Star, among numerous other outlets across the country:
About Gowling WLG's Energy Group
With experience across the energy industry in areas such as nuclear, electricity, renewables, oil & gas and government advisory and regulation, Gowling WLG's Energy Group serves as trusted counsel to senior energy executives and policy makers. The group has played a leading role in some of the most significant Canadian and international energy-sector transactions and litigation in recent history. Learn more.
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