Potentiel climatique: captage et stockage du CO

The analysis finds that CCS projects in Canadian oil sands are economically viable under current and proposed climate policies, such as carbon pricing and investment tax credits, potentially offering private returns of up to 21%. Consequently, the authors argue that additional public funding beyond what is already announced is unnecessary and could lead to excessive corporate profits. While CCS improves the carbon intensity of oil sands production, it does not eliminate the long-term transition risk associated with declining global oil demand.

• Financial modeling indicates that CCS projects in oil sands are economically viable based on Canada's climate policies and the projected increase in carbon pricing.
• The cost of implementing CCS in in situ and mining installations is estimated between 89 and 144 dollars per tonne of avoided emissions, which is lower than the projected 2030 federal carbon price of 170 dollars per tonne.
• Private investments in oil sands CCS could yield significant returns, with estimates as high as 21% for mining installations and 12% for in situ installations.
• Additional public funding beyond currently announced measures is not necessary to make CCS projects economically viable and may result in excessive profits for the private sector.
• While CCS can reduce emissions—potentially by 40% for in situ installations—it does not remove the long-term transition risk as global oil demand is expected to decline.
• The viability of these projects depends heavily on the finalization of specific policy tools, including carbon contracts for difference, the federal investment tax credit for CCUS, and the Clean Fuel Regulations.

APA

Canadian Climate Institute (2023). Potentiel climatique: captage et stockage du CO. https://institutclimatique.ca/potentiel-climatique-captage-stockage-co%e2%82%82-modelisation-financiere/

Chicago

Canadian Climate Institute. Potentiel climatique: captage et stockage du CO. 2023. https://institutclimatique.ca/potentiel-climatique-captage-stockage-co%e2%82%82-modelisation-financiere/.

Wikipedia

{{cite report |author=Canadian Climate Institute |title=Potentiel climatique: captage et stockage du CO |date=12 July 2023 |url=https://institutclimatique.ca/potentiel-climatique-captage-stockage-co%e2%82%82-modelisation-financiere/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{canadianclimateinstitute2023potentiel, author = {{Canadian Climate Institute}}, title = {{Potentiel climatique: captage et stockage du CO}}, institution = {Canadian Climate Institute}, year = {2023}, month = jul, url = {https://institutclimatique.ca/potentiel-climatique-captage-stockage-co%e2%82%82-modelisation-financiere/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }