Weak Carbon Pricing Halts Heidelberg $1.36B Edmonton Carbon Capture Facility

Heidelberg Materials has paused its $1.36 billion carbon capture project in Edmonton due to low carbon credit prices around $45 per ton versus the expected $170 per ton by 2030, creating financial and regulatory uncertainties. This delay reflects broader Canadian challenges affecting major carbon capture initiatives amid shifting federal and provincial carbon policies.

This Wire brief sits within Fusion42's coverage of Climate Tech.