The Alberta-Canada Energy Accord introduces new incentives for carbon capture, utilization, and storage (CCUS). A key focus is the inclusion of Enhanced Oil Recovery (EOR), which allows captured carbon to be used to extract more oil from existing wells while sequestering the gas underground. This policy shift aims to accelerate the deployment of carbon capture technology in Canada's energy sector. By providing financial viability for EOR projects, the accord seeks to reduce industrial emissions while maintaining oil production levels in Alberta.
