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Pathways Alliance's major project is a potential $16.5 billion carbon capture and storage network to be constructed in northern Alberta. [4] As of May 2024, the proposed CCS network aims to capture CO2 emissions from over 20 oilsands facilities in northern Alberta and transport them via a 400-kilometer pipeline to an underground storage hub near Cold Lake.
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The terms carbon capture and storage (CCS) and carbon capture, utilization, and storage (CCUS) are closely related and often used interchangeably. [3] Both terms have been used predominantly to refer to enhanced oil recovery (EOR) a process in which captured CO 2 is injected into partially-depleted oil reservoirs in order to extract more oil. [3]
The Alberta Carbon Trunk Line System is the largest carbon capture, utilization and storage system in the Alberta, Canada.The system, which cost 1.2 billion Canadian dollars, captures carbon dioxide from industrial emitters in the Alberta's Industrial Heartland and transports it to central and southern Alberta for secure storage in depleting oil reservoirs as part of enhanced oil recovery ...
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Carbon pricing in Canada is forecast by Environment Canada to remove 50–60 MT of emissions from the air annually by 2022, representing about 12% of all Canadian emissions. However, Canada needs to reduce emissions to 512 MT by 2030 to meet its commitments under the Paris Agreement.