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Wire · operational-macro

Carney government is betting pipeline revenue on a carbon capture project whose price ...

Published

2 September 2026

Topic

operational-macro

Sectors

Climate Tech

Geography

Canada

Source

Read at thehub.ca

Verified

Fusion42 · 2 September 2026 · Fusion42 review

The Fraser Institute study warns of environmental risks and rising costs for the Pathways carbon capture project tied to Ottawa and Alberta's new West Coast pipeline plan. The project faces seismic risks, potential groundwater contamination, ballooning costs from $16.5 billion to potentially $30 billion, and scaling back of original carbon capture targets, while relying heavily on tax credits and government incentives.

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

◆ The Wire takeaway

You face a tightening squeeze as the Pathways carbon capture project inflates in cost and delays in returns, putting pipeline revenues and government-backed incentives under pressure. Act now to reassess dependencies on this flagship infrastructure before scaling exposure in Canadian energy markets.

Coverage

1 source · 2 Sep 2026

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Topics

Climate Techcarbon-capturepipeline-revenueenvironmental-riskcost-overrungovernment-incentives