The Pathways Alliance consortium of oilsands corporations has confirmed it’s going to submit an utility this week to the Alberta Vitality Regulator for approval of its proposed huge $16.5-billion carbon seize pipeline venture.
The transfer comes almost three years after Canada’s largest oilsands corporations introduced they might band collectively in a joint effort to cut back greenhouse fuel emissions from oilsands manufacturing.
The businesses are proposing to construct a 400-kilometre line that may transport carbon dioxide emissions from oilsands manufacturing services in northern Alberta and embed them safely underground.
Pathways has mentioned the venture might assist its member corporations obtain a 32 per cent discount from 2019 emissions ranges by 2030.
The oilsands group has beforehand mentioned the regulatory approvals course of might take a 12 months to finish.
Pathways has spent a lot of the final three years lobbying for monetary and coverage help for carbon seize and storage from the each the federal authorities in addition to the federal government of Alberta.
© 2024 The Canadian Press
