Carbon capture tax credit open to projects that extract more oil, climate experts warn

The federal government's proposed tax credit to incentivize companies to capture and store carbon dioxide underground doesn't exclude projects that also involve extracting more oil, policy experts who reviewed a draft of the legislation said.

Carbon capture tax credit open to projects that extract more oil, climate experts warn
Snaking pipes

The federal government's proposed tax credit to incentivize companies to capture and store carbon dioxide underground doesn't exclude projects that also involve extracting more oil, policy experts who reviewed a draft of the legislation said.