Alberta carbon sequestration tenure and CCUS developments | Dentons
[co-authors: Stewart Maier, George Hua] On May 12, 2021, the Government of Alberta’s Department of Energy issued a new Information Letter on carbon sequestration tenure management whereby carbon sequestration rights will be issued to qualified operators to develop strategically located carbon storage hubs in Alberta. The Information Letter follows the Government of Alberta’s recent request to Ottawa for CA$30-billion in cash or tax incentives to develop new carbon-capture, utilization, and storage (CCUS) projects and infrastructure and the formation of the Alberta-Canada CCUS working g...