One of Canada’s largest oil sands producers, Pathways Alliance signed a Carbon Sequestration Assessment Agreement with the Alberta government. You will now be able to do the detailed study of your proposed geological center for a carbon capture and storage (CCS) project. It is one of the largest in the world.
The evaluation consists of further study the geological features and properties of the deep underground CO2 storage formation. These tests, and existing data collected by Alliance companies with operations in the area, help with field development plans to support the final request for a storage agreement.
The proposed carbon storage facility would be connected to a transmission line that initially would collect the CO2 captured from 14 facilities tar sands in the Fort McMurray, Christina Lake and Cold Lake regions. The plan is to grow the transportation network to include more than 20 similar arena facilities and give space to other interested industries in the region.
The project is central to the goals of the Pathways Alliance to reduce CO2 emissions from tar sands operations of its member companies by 22 million tons by 2030 and enable the goal of net zero emissions by 2050.
“This agreement marks another important milestone on track toward finalizing plans for our proposed CCS project in Northeast Alberta and achieving our goal of reaching net zero emissions by 2050 to help Canada meet its climate commitments,” said Pathways Alliance President Kendall Dilling.
“CCS has been recognized globally as one of the most effective means of reducing industrial greenhouse gas emissions, and Alberta’s geology makes it one of the most ideal places in the world to inject and store CO2 safely,” he said.
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