News & Analysis as of

Carbon Capture and Sequestration Carbon Emissions Canada

Blake, Cassels & Graydon LLP

Captage et stockage géologique du dioxyde de carbone direct de l’air : publication de l’avant-projet de protocole fédéral de...

En janvier 2025, Environnement et Changement climatique Canada (« ECCC ») a publié l’avant-projet de protocole fédéral de crédits compensatoires (le « Protocole ») en lien avec le captage et le stockage géologique du dioxyde...more

Blake, Cassels & Graydon LLP

Canada Publishes Draft Offset Protocol for Direct Air Carbon Dioxide Capture and Geological Storage

In January 2025, Environment and Climate Change Canada (ECCC) released a preliminary draft of its Federal Offset Protocol (Protocol) for direct air carbon dioxide capture and geological storage (DACCS) projects. The Protocol...more

Bennett Jones LLP

Government of Alberta Unveils Further Details Regarding the Alberta Carbon Capture Incentive Program

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On April 3, 2024, the Alberta Government released additional details on the Alberta Carbon Capture Incentive Program (ACCIP), which will support and accelerate the development of new carbon capture, utilization and storage...more

Bennett Jones LLP

BC Output-Based Pricing System for Carbon Emissions

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On April 1, 2024, the new Output-Based Pricing System (OBPS) will come into force under the Budget Measures Implementation Act, 2023 (Budget 2023).  The OBPS is a new British Columbia (BC) emissions pricing system (although...more

Stikeman Elliott LLP

Alberta Carbon Capture Incentive Program and Federal CCUS Investment Tax Credit – Two Green Lights for Carbon Capture in Alberta

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On November 28, 2023, the Alberta government introduced the Alberta Carbon Capture Incentive Program (“ACCIP”), a new grant offered by the provincial government to incentivize carbon capture, utilization, and storage (“CCUS”)...more

Bennett Jones LLP

Canada's Clean Tech Push & Alberta's Carbon Incentive

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On Tuesday, November 28, the Federal Government released a Notice of Ways and Means Motion for the implementation of certain provisions of the November 2023 Fall Economic Statement and March 2023 Budget. On the same day, the...more

Bennett Jones LLP

Increasing Demand: Commercialization of Carbon Capture, Utilization and Storage (CCUS)

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As demand for Carbon Capture, Utilization and Storage (CCUS) technology increases, energy producers across Canada can capitalize on emerging opportunities. Bennett Jones had the privilege of being named the Official Legal...more

Blake, Cassels & Graydon LLP

TIER Amendments Provide Price Certainty and Incentivize Carbon Capture and Storage

On January 1, 2023, significant amendments to Alberta’s Technology, Innovation and Emissions Reduction Regulation (TIER) came into effect. The amendments align TIER with the federal Greenhouse Gas Pollution Pricing Act...more

Stikeman Elliott LLP

Carbon Capture, Utilization and Storage and the Quest for Net-Zero in Alberta

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In March 2022, on the heels of the Canadian Net-Zero Emission Accountability Act, Canada published its 2030 Emissions Reduction Plan (2022) which is focused on driving net-zero carbon emissions by 2050. One way in which...more

Latham & Watkins LLP

Canada Launches Its First Federal Greenhouse Gas Offset Credit System

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The system aims to stimulate innovation in GHG-reduction activities as part of the country’s 2030 Emissions Reduction Plan. On June 8, 2022, Canada launched the Greenhouse Gas (GHG) Offset Credit System (the System) to...more

Bennett Jones LLP

Canadian Budget Proposes New Investment Tax Credit For Carbon Capture, Utilization and Storage

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The 2022 Canadian Federal Budget, released on April 7, 2022, sets the fundamental groundwork of the Government of Canada's goals for national economic development. Following Canada's announcement of its 2030 Emissions...more

Bennett Jones LLP

Canada Opens Initial Consultations on New Carbon Pricing Mechanism

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On August 5, 2021, the Government of Canada announced its launch of an initial exploratory phase of consultations on border carbon adjustments (BCAs), along with the release of a discussion paper. These exploratory...more

Bennett Jones LLP

Alberta Plans to Introduce a Competitive Process for Carbon Sequestration Tenure

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On May 12, 2021, the Government of Alberta issued a statement to announce that it will now be granting carbon sequestration rights through a competitive process. Carbon capture utilization and storage (CCUS) is a method where...more

Blake, Cassels & Graydon LLP

Nouveaux fonds en Alberta pour stimuler les efforts visant à réduire les émissions de gaz à effet de serre

Le 2 novembre 2020, le gouvernement de l’Alberta a annoncé qu’il consacrera jusqu’à 280 M$ CA à des programmes visant à réduire les émissions de gaz à effet de serre (« GES ») et à créer des emplois dans la province. Ce...more

Blake, Cassels & Graydon LLP

New Funding in Alberta to Boost Efforts to Reduce Greenhouse Gas Emissions

On November 2, 2020, the Government of Alberta announced it was dedicating up to C$280-million to programs to reduce greenhouse gas (GHG) emissions and create jobs in the province. This funding creates opportunities that may...more

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