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Excluded no more: Carbon capture incentives in Alberta-Canada energy accord could spur enhanced oil recovery
Summary by The Niagara Independent
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Excluded no more: Carbon capture incentives in Alberta-Canada energy accord could spur enhanced oil recovery
The federal government is following through on a key element of its energy accord with Alberta. In its spring economic update, Ottawa confirmed plans to extend the carbon capture, utilization and storage (CCUS) investment tax credit to projects that include enhanced oil recovery (EOR). EOR projects were notably excluded from Ottawa’s CCUS investment tax credit when it was rolled out in 2024. “We were always puzzled; we were always concerned that…
·Welland, Canada
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