
Alberta government aims to take carbon capture to new heights
Alberta’s government says it is investing $5 million from the TIER fund to help launch the world’s first direct air capture centre.
According to provincial officials, most of the current technologies used around the world focus on facilities and worksites. The government says direct air capture offers a potential new way of removing greenhouse gas emissions straight from the air. If successful, the potential is huge, say government officials.
Through Emissions Reduction Alberta, the province says $5 million is being invested from the industry-led TIER program to help Deep Sky in the design, build and operation of the world’s first direct air capture innovation and commercialization centre in Innisfail. This funding is expected to help Alberta keep showing the world how to reduce emissions while creating jobs and increasing responsible energy production.
“We don’t need punitive taxes, anti-energy regulations or nonsensical production caps to reduce emissions,” says Rebecca Schulz, Minister of Environment and Protected Areas. “Our approach is to support industry, Alberta expertise and innovation by helping to de-risk new technology. Direct air capture has some potential and is being looked at in other jurisdictions, so it’s great to see companies choosing Alberta as a place to invest and do business in.”