The Globe and Mail reports in its Thursday, May 9, edition that Capital Power recently announced that it is halting its carbon capture project at its natural gas-powered generating station in Edmonton. The Globe's guest columnist Michael Bernstein writes that the project, which was estimated to cost $2.4-billion, would have been the largest of its kind in Canada and could have captured up to three million tonnes of emissions annually. However, the company decided to pause due to concerns about economic feasibility. This decision is a setback for Canada's and Alberta's efforts to reduce emissions and develop a low-carbon economy. It highlights the urgent need for new solutions to meet our climate targets. It also emphasizes that Canada's carbon pricing system for large emitters needs to improve to incentivize companies to invest in carbon capture projects. To decarbonize our economy and hit our climate targets, we have to build a lot of low-carbon projects -- fast. What is needed now is for the federal government to follow through on its commitments to strengthen Canada's industrial carbon pricing system. Carbon pricing is our cornerstone climate policy.