![]() "We are pleased to see collaboration between Alberta and the federal government on this panel. Preference for public funding should be given to opportunities more likely to result in full decarbonization of Canada’s economy by 2050 in a manner that is consistent with limiting warming to 1.5 degrees Celsius while generating significant economic opportunity and jobs per dollar invested for workers and communities. "Public investments in CCUS must be weighed against all other opportunities to drive emissions reductions in Canada on a tonne per dollar invested basis. assessing if public funding for new industrial applications of CCUS is needed given the 2030 carbon price and the emergence of other market-based incentives.addressing non-financial barriers that would prevent the rapid implementation of CCUS and.completing the establishment of a credible regulatory framework to ensure that all carbon captured is permanently sequestered.assessing the various pathways to decarbonization for Alberta and the potential role of CCUS and other options in those pathways.At the same time, there remains a role for both levels of government in, among other things: ![]() "Carbon capture, utilization and storage (CCUS) will likely play an important role in Canada’s decarbonization pathways to reach net-zero emissions by 2050, and the rise in the price on carbon emissions will make many applications of CCUS economically viable in Alberta by 2030. ![]() CALGARY - Chris Severson-Baker, Alberta Director at the Pembina Institute, made the following statement in response to the Alberta government’s announcement about the Alberta-Canada CCUS Working Group: ![]()
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