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Stock impact report

Morning Update: Carbon capture faces doubts after $2.4-billion project axed [Globe and Mail, The (Toronto, Canada)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Edmonton-based company has scrapped plans for one of the country's largest carbon-capture projects. Capital Power Corporation announced yesterday that it is discontinuing pursuit of the $2.4-billion project because it does not work financially. The company earlier said that the proposal would annually capture up to 3 million tonnes of emissions from natural-gas units at its Genesee generating station in Alberta. The decision relates at least in part to continuing tensions between industry and the federal government about the extent to which public dollars will be used to provide revenue certainty for this form of decarbonization. This is the daily Morning Update newsletter. If you're reading this on the web, or it was forwarded to you from someone else, you can sign up for Morning Update and more than 20 other Globe newsletters on our newsletter signup page As immigration debate heats up, Windsor's refugees find warm welcome A year ago, politicians and pundits warned that th Show less Read more
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