A carbon capture and storage project in Saskatchewan, Canada, has fallen short of its emissions reduction targets, casting doubt on the technology’s cost-effectiveness. According to a report by the Institute for Energy Economics and Financial Analysis, the Boundary Dam project, a coal-fired power plant that began capturing carbon dioxide in 2014, has not consistently met its goal of capturing 90% of emissions. The average capture rate has been approximately 57%, primarily due to technical issues and limited demand for carbon dioxide from the energy industry. While proponents argue that the project has provided valuable experience and lessons for future CCS projects, critics maintain that carbon capture is unlikely to be a cost-effective solution for reducing emissions on a large scale.