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Oil companies are making billions of dollars in profits, so a new report asks why there haven’t been any major investments into carbon capture and storage projects.
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This week on Down to Business, Jan Gorski, director of the oil and gas program at the Pembina Institute, a Calgary-based clean energy think tank, talks about what’s happening in the oil patch.
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Next, Craig Golinowski, managing partner at Carbon Infrastructure Partners, a private equity fund, explains some of the policy challenges that make investing in carbon capture projects risky.
Lastly, Navdeep Bains, who served as Minister of Innovation, Science and Industry from 2015 to 2021 and now works as the vice-chair of global investment banking for CIBC, explains why climate change is such a tricky political issue. As always, the interviews are edited for clarity and brevity.
Listen on Apple Podcasts, Spotify, Stitcher and YouTube where you can also subscribe to get new episodes every Wednesday morning.
If you have any questions about the show, or if there are topics you want us to tackle, email us: downtobusiness@postmedia.com.
• Email: gfriedman@postmedia.com | Twitter: GabeFriedz
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The risky business of carbon capture in Canada
2022-09-28 10:30:38
