Carbon capture sounds like a simple solution to a complex problem like climate change. And it’s especially appealing for a country like Canada with ambitious emission reduction targets. But does it work? John McNally, the Senior Advisor for Climate and Socio-Economic Policy at Scotiabank, recently wrote a report on the topic and is our guest this episode. He’ll give us a primer on this emerging technology and outlines the promise and potential hurdles it presents. 

Key moments this episode: 

1:23 – A quick overview of what carbon capture is 

2:26 – Why is there so much talk about carbon capture right now? 

3:26 – What is done with the carbon after it’s captured? 

5:12 – What do carbon removal or capture facilities look like? 

6:11 – Why Canada has an advantage when it comes to storage 

6:40 – The most common question John gets asked: does carbon capture really work? 

8:15 – How realistic is this technology when it comes to curbing climate change? 

9:58 – What is the current global carbon capture capacity? 

10:30 – Why Canada has the ‘bronze medal’ when it comes to carbon capture 

10:47 – How big of a role does carbon capture play when it comes to Canada’s strategy to hit its climate goals? 

12:11 – What are the biggest hurdles in ramping up carbon capture? 

14:12 – The risks around carbon capture technology 

16:03 – Why put the effort towards carbon capture and storage rather than focusing on reducing emissions?  

17:25 – What the future has in store when it comes to carbon capture 

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