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> We still couldn't compete with conventional electricity plants, even with a $30/tonne price on carbon in Canada.

Was this Canada specific? A country with both very abundant native oil & gas and abundant hydro energy with nuclear power plants in place to boot.

Not every country in the world has such abundant energy sources on tap.



We tried to build in Europe and America as well; the economics are just hard. In the US there was very little market for carbon, which is why I said "even in Canada" since there is a regulated price for carbon here.

The plants were mostly in Alberta, where NG is cheap but there is no hydro.




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