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Government Initiatives Accelerate New Investments In Energy Transition Across Western Canada - Oil, Gas & Electricity

Government initiatives accelerate new investments in energy transition across Western Canada

Alberta Releases Request For Expressions Of Interest For Carbon Sequestration Hubs - Energy and Natural Resources

Alberta Releases Request For Expressions Of Interest For Carbon Sequestration Hubs - Energy and Natural Resources
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Alberta carbon sequestration tenure and CCUS developments | Dentons

[co-authors: Stewart Maier, George Hua] On May 12, 2021, the Government of Alberta’s Department of Energy issued a new Information Letter on carbon sequestration tenure management whereby carbon sequestration rights will be issued to qualified operators to develop strategically located carbon storage hubs in Alberta. The Information Letter follows the Government of Alberta’s recent request to Ottawa for CA$30-billion in cash or tax incentives to develop new carbon-capture, utilization, and storage (CCUS) projects and infrastructure and the formation of the Alberta-Canada CCUS working group. The following bulletin details a few recent developments stemming from the flurry of interest in CCUS projects, and discusses what the future may hold.

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