Investing in carbon capture

John Dillon highlights areas of progress on climate initiatives in the recent federal budget. He emphasizes the opportunity for Canada to become a global leader in carbon capture technology in a story by Canada’s National Observer.

“It’s a technology that has applications across a lot of sectors, which is why it’s important for Canada. The tax credit is one way of making the economics of it work better. What we need more than anything, and this is true in other countries as well, is more experience with (carbon-capture technology) to hopefully bring down the costs.”

John Dillon, Senior Vice President, Policy and Corporate Counsel, Business Council of Canada