So it could be as much as $10 billion.
I want to go back to the Canada-Alberta agreement. Looking at it more closely, the cap on the price on pollution is $130 a tonne.
According to what I've read about the Pathways Alliance, in order for carbon capture and storage projects to be cost-effective, the price per tonne must be at least between $150 and $160. In my opinion, carbon capture and storage would no longer be a cost-effective strategy if Alberta decided to set the price at $130.
Once again, I'm appealing to your skills as a banker. There is no longer a business case for carbon capture and storage.
What are your thoughts on that?
