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Lafarge Canada bets on ITCs to boost clean energy investments

19 September 2023, Published under Cement News

Lafarge Canada  ( Holcim Group) is among the companies counting on   investment tax credits   (ITCs) for its plant in Exshaw, Alberta, Canada, where it has a plan to capture 1Mta of carbon emissions. "Having ITCs in place in Canada... will certainly help the project's business case and in ensuring investment in decarbonisation occurs in Canada," the company's two heads of sustainability said in a joint statement to Reuters. The government first announced some CAD10bn (US$7.4bn) in IT...