Government of Canada and Province of Alberta invest in C$1.2 billion carbon capture and storage projects
Type: Investment · Technology: Other · Country: Canada · Value: CAD 1.2B · Announced: 2024-06-17
The federal government and Alberta agreed to jointly invest up to C$1.2 billion (C$600 million each) to support carbon capture and storage (CCS) deployment in Alberta between 2030 and 2040 as part of a reshaped industrial carbon pricing framework announced May 20, 2026.
Counterparties
- Government of Alberta (Investor)
- Government of Canada (Investor)
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