$400M Edmonton waste-to-energy facility at risk of cancellation after Alberta carbon tax changes
By
Kyle Bakx
1h ago· 7 min readenNews
Summary
A $400-million waste-to-energy facility proposed for Edmonton that would convert landfill waste into electricity is at risk of cancellation after changes to Alberta's carbon tax framework. The project, developed over five years by Varme Energy, was deemed shovel-ready but the recent carbon tax agreement between Alberta Premier Danielle Smith and the federal government has made carbon capture and storage projects economically unviable, according to the company. The facility was designed to use carbon capture technology to turn municipal waste into electricity while reducing emissions.
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Key quotes
· 2 pulledA shovel-ready, $400-million proposed facility to convert landfill waste in Edmonton into electricity that took five years to develop, could now be cancelled after the recent carbon tax agreement between the Alberta and federal governments.
Smith-Carney deal means carbon capture and storage projects are 'not viable,' says company developer
A shovel-ready, $400-million proposed facility to convert landfill waste in Edmonton into electricity that took five years to develop, could now be cancelled after the recent carbon tax agreement between the Alberta and federal governments.
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