CALGARY, AB — The Government of Canada announced yesterday it is investing $63 million in 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 Natural Resources Minister Lisa 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.

“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. 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.

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