Carbon capture tax credit could cost taxpayers $1B more than expected, budget watchdog warns
A controversial tax credit meant to help jump-start carbon capture projects could cost $1 billion more than the federal government estimated, says the independent parliamentary budget watchdog.
![Carbon capture tax credit could cost taxpayers $1B more than expected, budget watchdog warns](https://i.cbc.ca/1.7041260.1701214118!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/shell-carbon-capture-20151109.jpg)
![Quest carbon capture and storage facility in Fort Saskatchewan Alta, on Friday November 6, 2015. Quest is designed to capture and safely store more than one million tonnes of CO2 each year an equivalent to the emissions from about 250,000 cars. A tangle of pipes, with some white tanks on the left and some smoke or vapour coming out one of them.](https://i.cbc.ca/1.7041260.1701214118!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/shell-carbon-capture-20151109.jpg)
A controversial tax credit meant to help jump-start carbon capture projects could cost $1 billion more than the federal government estimated, says the independent parliamentary budget watchdog.