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Recycling Carbon Varennes - Half a Billion Debacle for Taxpayers

Summary by La Presse
Another megaproject on energy transition is likely to end up in a fishtail and could cost taxpayers more than half a billion dollars: Recycling Carbone Varennes (RCV) is being bought for crumbs by a Canadian-American company.

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Another megaproject on energy transition is likely to end up in a fishtail and could cost taxpayers more than half a billion dollars: Recycling Carbone Varennes (RCV) is being bought for crumbs by a Canadian-American company.

·Montreal, Canada
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It has been placed under the protection of the Creditors Arrangement Act since last March. The company [...] The article Carbon Recycling Varennes could be sold at a loss appeared first on FM 103.3.

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La Presse broke the news in Montreal, Canada on Thursday, September 25, 2025.
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