Question Period Note: Carbon Capture, Usage and Storage

The development and deployment of Carbon Capture, Utilization and Storage (CCUS) technologies is a key component of the suite of measures needed to meet our GHG emission reduction targets and enable clean economic growth. Canada’s Strengthened Climate Plan announced the development of a CCUS strategy and called for the exploration of other opportunities to keep Canada competitive in this growing industry.
The International Energy Agency (IEA) and the Intergovernmental Panel on Climate Change (IPCC) recognize CCUS as having an integral role in achieving our global energy and climate objectives – with CCUS expected to account for at least 12% of the global GHG reductions needed to achieve net zero by 2050. The IEA also finds that achieving climate goals hinges on dramatically scaling up and accelerating RD&D and innovation in CCUS technologies.

• Our government is committed to exceeding a 30 percent reduction in its greenhouse gas emissions by 2030, and reaching net-zero greenhouse gas emissions by 2050.
• Carbon Capture, Utilization and Storage (CCUS) has the potential to help Canada balance the importance of energy to our economy with our need to protect the environment.
• According to the International Energy Agency, CCUS will need to be rolled out at an unprecedented pace to meet global energy and climate goals.
• We must remain a competitive player in this growing, multi-billion dollar sector and that’s why Canadian governments have committed over $2 billion to CCUS initiatives over the last decade to support R&D and landmark projects.
• Our government’s climate plan includes a comprehensive CCUS strategy, which will help maintain Canada’s global competitiveness in this growing industry.
If pressed on specific projects:
• Our landmark projects include:
o The Boundary Dam power plant;
o QUEST,which produces clean hydrogen at an oil sands upgrader;
o the pioneering CCUS project at Weyburn-Midale; and,
o the Alberta Carbon Trunk Line, which just moved its first megatonne of CO2.
• Each of these has been internationally recognized on the global cleantech “Top 100”.
If pressed on partnership with Alberta:
• Canada is a global leader in the CCUS and Alberta is a natural partner.
• We have four of the world’s 25 commercial-scale projects in operation – two of which are in Alberta and were co-funded by the federal and provincial governments, with industry partners.
• In addition to these projects (Quest and the ACTL), the government has also collaborated with Alberta and the petroleum sector to co-fund other CCUS projects, including the Alberta Carbon Conversion Technology Centre in Calgary.
• The new Alberta-Canada CCUS Steering Committee builds on over 20 years of collaboration between both governments to support the advancement of CCUS technologies.
• We look forward to continuing to work with our partners to accelerate the competiveness of CCUS in Canada.

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