Alberta’s $90 Billion Carbon Capture Storage (CCS) Opportunity

This week we welcome to the podcast Jared Dziuba, Oil & Gas Market Specialist, BMO Nesbitt Burns and Rachel Walsh, Carbon Innovation Analyst, BMO Nesbitt Burns.

Jared and Rachel have authored several reports on the topic of CCS, including, “The Outer Limits: Exploring the Cost (Opportunity) of Canada’s Net Zero Pathways” and following the recent news of the federal tax credit for CCUS in Canada, they published “Durable Carbon Offset Revenue Still Needed to Drive CCUS.” 

Here are some of the questions Peter and Jackie asked them: Considering the new federal tax credit, what carbon price is needed to support new investments? How likely is it that the carbon credit market in Alberta will trade at this level?  Could the actual costs for building large scale CCS projects be greater than expected? How is Alberta allocating the subsurface pore space for storing carbon? 

If you would like to have access to BMO Nesbitt Burns research on CCS, please contact Jared directly at Jared.Dziuba@bmo.com

Please review BMO Capital Markets disclosure at:  https://researchglobal0.bmocapitalmarkets.com/public-disclosure/ 

Please review ARC Energy Institute disclaimer at: https://www.arcenergyinstitute.com/disclaimer/