This section aims to provide a comprehensive overview of Carbon Capture, Utilization, and Storage (CCUS) initiatives in Canada. By examining federal and provincial policies, stakeholder involvement, corporate participation, and recent developments, we will illuminate the strategies and efforts being employed to reduce carbon emissions through CCUS technologies. This section will analyze the effectiveness, challenges, and future prospects of CCUS in Canada's transition to a net-zero economy. Our goal is to inform readers who wish to participate in or advocate for CCUS policies, offering them a clear understanding of the current landscape and its impact on Canada's climate objectives.
Carbon Capture, Utilization, and Storage (CCUS) is a technology designed to capture carbon dioxide (CO₂) emissions from industrial processes or power generation, preventing them from being released into the atmosphere. Once captured, CO₂ can either be stored securely underground in geological formations or repurposed for use in various applications, such as enhancing industrial materials or generating synthetic fuels.
Source: International Energy Agency (IEA)
Canada has embraced CCUS as one of the strategies to address greenhouse gas emissions while maintaining economic productivity. This technology plays a dual role:
As Canada works toward its goal of net-zero emissions by 2050, CCUS is considered a complementary solution alongside renewable energy and energy efficiency measures. It offers potential benefits, such as: