CALGARY — The Government of Canada continues its commitment to clean energy technology development by investing $63 million in a project that will reduce greenhouse gas emissions and produce high-quality jobs for Canadians. Today, the Honourable Lisa Raitt, Minister of Natural Resources, announced funding support for the Alberta Carbon Trunk Line project, a fully integrated, large-scale carbon capture and storage (CCS) project in Alberta.
“Our Government’s Economic Action Plan is investing in projects that are creating jobs now when they are needed the most, while supporting our environment and stimulating the economy,” said Minister Raitt. “This innovative project further demonstrates Canada’s international leadership in carbon capture and storage technology.”
The Alberta Carbon Trunk Line project, led by Enhance Energy in partnership with North West Upgrading, has the potential to facilitate permanent storage of up to two billion tonnes of carbon when operating at full capacity. The impact potential is equivalent to taking 2.6 million cars off the road annually.
“As industry looks for a way to effectively deal with their CO2 emissions by keeping them out of the atmosphere, we are offering a much needed solution — a safe and secure storage destination for CO2,” said Susan Cole, President and CEO, Enhance Energy.
The project is partly funded through the $1-billion Clean Energy Fund. Delivered through Canada’s Economic Action Plan, the fund is advancing Canada’s leadership on clean energy technologies and the reduction of greenhouse gas emissions from energy production. According to the Canada–Alberta ecoENERGY CCS Task Force report, CCS technology could allow Canada to cut its greenhouse gas emissions by almost three-quarters of Canada’s current annual emissions.
FOR BROADCAST USE:
The Government of Canada continues its commitment to clean energy technology development by investing $63 million in a clean energy project that will reduce greenhouse gas emissions and produce high-quality jobs for Canadians. The funding will support the Alberta Carbon Trunk Line project, a fully integrated, large-scale carbon capture and storage project led by Enhance Energy, in Alberta.
Media may contact:
Jocelyne Turner
Press Secretary
Office of the Honourable Lisa Raitt
Ottawa
613-996-2007
Or
Media Relations
Natural Resources Canada
Ottawa
613-992-4447
The following media backgrounder is available at www.nrcan.gc.ca/media.
- Enhance Energy — Alberta Carbon Trunk Line Carbon Capture and Storage Project
NRCan's news releases and backgrounders are available at www.nrcan.gc.ca/media.
