Oil companies push for Alberta to bear CCS liabilities
- Carbon capture and storage proposals have come under scrutiny for their economic viability and environmental impact.
- Pathways Alliance aims to transfer long-term liabilities of CCS projects to the Alberta government.
- The push for less transparency and oversight raises concerns about public accountability and potential risks.
In Alberta, carbon capture and storage (CCS) projects led by industry groups like the Pathways Alliance are facing scrutiny. The initiative to inject up to 10 million tonnes of CO2 annually into underground reservoirs raises concerns about liabilities and transparency. Critics highlight the lack of public documentation and the government's ongoing efforts to avoid extensive environmental assessments. A pivotal point in the debate centers on the transfer of long-term liabilities associated with CCS to the Alberta government, which would take on the financial risks post-closure, reflecting a significant shift in accountability for oil companies. The approach has drawn parallels to previous failed CCS projects, underscoring the need for clear communication and public trust.