• Crown to Be Owner of Pore Space and Liable in Respect Of Carbon Capture and Storage Projects
  • November 18, 2010 | Authors: Michael G. Massicotte; John G. Murphy
  • Law Firms: Borden Ladner Gervais LLP - Calgary Office ; Borden Ladner Gervais LLP - Montreal Office
  • In 2008 the Government of Alberta committed $2 billion to large scale carbon capture and storage (CCS) projects. CCS is a process that captures carbon dioxide emissions from large industrial emitters and stores them in geological formations kilometres below the earth’s surface. To assist in facilitating the implementation of this technology, on November 1, 2010, Bill 24: Carbon Capture and Storage Statutes Amendment Act was introduced and given first reading in the Alberta Legislature, making Alberta the first jurisdiction in Canada to consider comprehensive legislation to regulate CCS projects.