Alberta and Ottawa sign MOU for Pathways carbon capture project tied to new oilsands pipeline
ici.radio-canada.caThe Alberta government, Ottawa, and five major oilsands producers have signed a memorandum of understanding to advance the Pathways carbon capture and storage project. The project is a condition for a new West Coast oilsands pipeline and aims to offset some of the emissions the pipeline would enable. The MOU was signed on July 2, the same day Alberta filed its pipeline proposal to the federal major projects office. The Pathways project will capture CO2 from oilsands sites in northern Alberta and transport it via pipeline to an underground storage hub near Cold Lake. The alliance behind it includes Canadian Natural Resources, Imperial Oil, Suncor, Cenovus, and ConocoPhillips. The goal is to have infrastructure in service by 2032 and full completion by 2035, with capacity to store about six million tonnes of CO2 per year. The federal government has committed to extending investment tax credits for carbon capture equipment to 2035, and Alberta is finalizing its own incentive program.
