Alberta, Ottawa and five oilsands firms sign Pathways carbon capture deal
The memorandum of understanding marks a step toward advancing the long-discussed carbon capture and storage project in northern Alberta's oilsands region.
Why it matters
The deal signals a formal step toward a project that industry and government have long positioned as key to cutting emissions from Alberta's oilsands sector.
The Alberta government, the federal government and five major oilsands producers have signed a memorandum of understanding to move forward with the Pathways carbon capture and storage project, according to a joint announcement out of Calgary.
The project, billed as a multibillion-dollar initiative, aims to capture carbon emissions from oilsands operations and store them underground, though specific funding figures, timelines and implementation details have not been released.
The agreement brings together provincial, federal and industry partners who have previously discussed the Pathways initiative as a way to reduce emissions from oilsands production while maintaining output. Additional coverage from other outlets confirms the same core details without providing new specifics on cost or schedule.
Compiled by the Alberta Daily Desk — an AI-written summary of reporting from the credited sources below, produced and reviewed under our editorial policy.