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A new federal budget arrives Monday and the oilpatch is waiting to see if Ottawa will provide incentives to propel new carbon capture utilization and storage projects forward.
But Advantage Oil & Gas CEO Andy Mah already sees a promising future for the technology, with or without government aid.
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Chris Varcoe: Oilpatch hopes Ottawa will spark carbon capture and storage projects Back to video
The mid-sized oil and natural gas producer recently announced it has developed, along with Calgary-based Allardyce Bower Consulting, modular carbon capture and storage technology that’s capable of being profitable around today’s carbon price.