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Decentralized Democracy

House Hansard - 178

44th Parl. 1st Sess.
April 17, 2023 11:00AM
  • Apr/17/23 6:04:26 p.m.
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Madam Speaker, I agree that we need to ask ourselves why the government is continuing to move forward with this. I just want to remind the House that 100 of the 149 global carbon capture and storage projects were cancelled and that, in the United States, despite significant industry and government investment in the technology, 80% of the proposed projects failed to become operational because of high costs, low technological readiness, the lack of a credible financial return, and dependence on government incentives. Public money should go to known solutions. It should not go into the pockets of the oil and gas industry for futile projects they try to sell us on.
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