Canadian materials firm unveils C$23.8 mln for a CO2 capture test project

Published 16:59 on November 8, 2024 / Last updated at 16:59 on November 8, 2024 / / Americas (Compliance Markets & Taxes, US & Canada), CO2 Management (CCUS), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Developments)

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A Canadian materials producer this month announced nearly $23.8 million in investments to test a novel carbon capture technology at one of its paper mills.

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Canadian cement manufacturer targets emissions reductions with $38 mln low-carbon fuel investment

Published 03:19 on October 4, 2024 / Last updated at 03:19 on October 4, 2024 / / Americas (Compliance Markets & Taxes, US & Canada), EMEA (Europe), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Developments)

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A major cement producer commissioned Thursday a $38 million low-carbon fuel facility at its Alberta cement plant, anticipated to replace up to 50% of the site’s gas usage and reduce 30,000 tonnes of CO2 annually.

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British Columbia, Quebec lead energy transition efforts in Canada, Saskatchewan falling behind -panel

Published 01:45 on July 10, 2024 / Last updated at 01:45 on July 10, 2024 / / Americas (Compliance Markets & Taxes, US & Canada), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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British Columbia and Quebec have emerged as leaders in Canada’s “fragmented” energy transition that is driven by provincial actions, while Saskatchewan largely remains behind other jurisdictions in advancing climate goals, webinar participants heard Tuesday.

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Shell dismisses Greenpeace, FT reporting on “phantom” carbon credits as inaccurate

Published 10:50 on May 10, 2024 / Last updated at 12:52 on May 10, 2024 / Americas (Compliance Markets & Taxes, US & Canada), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Governance)

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Shell has dismissed as inaccurate reports by Greenpeace and the Financial Times claiming the oil major made over C$200 million ($146 mln) selling “phantom” carbon credits that it earned for emissions reductions that never happened.

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Approval of methane-cutting cattle feed ingredient brings Canadian farmers a step closer to offset sales

Published 13:18 on February 1, 2024 / Last updated at 13:18 on February 1, 2024 / Americas (Compliance Markets & Taxes, US & Canada), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Governance)

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Canadian regulators have authorised the use of a feed ingredient proven to reduce cattle methane emissions by around a third, bringing Canadian farmers a step closer to being able to generate and sell carbon offsets by incorporating the additive into their practices.

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Alberta announces 12% CCUS tax credit, partially funded by TIER

Published 23:24 on November 28, 2023 / Last updated at 23:24 on November 28, 2023 / / Americas (Compliance Markets & Taxes, US & Canada), CO2 Management (CCUS, Engineered Removals), Net Zero Transition (Industrial Decarbonisation)

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The government of Alberta will provide energy, building, and chemical industries with a 12% incentive tax credit for new eligible capital project costs on carbon capture, utilisation, and storage (CCUS) operations, funded in part by its emissions trading system, the province announced Tuesday.

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Next court date set for Alberta offset verifier facing 25 criminal charges under climate regulations

Published 20:08 on July 14, 2023 / Last updated at 14:52 on July 16, 2023 / / Americas (Compliance Markets & Taxes, US & Canada), Net Zero Transition (Industrial Decarbonisation)

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An Alberta compliance offset verifier will soon have its next day in court for allegedly providing false or misleading environmental information and acting as a third-party assurance body without proper qualifications, a first for the Canadian judicial system.

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Canadian carbon credit investor seeks Nasdaq listing via merger

Published 17:15 on July 13, 2023 / Last updated at 05:29 on September 14, 2023 / / Americas (Compliance Markets & Taxes, US & Canada), Voluntary (VCM Governance)

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A Vancouver-headquartered environmental asset investor on Thursday announced it is aiming to combine with another company in order to pursue a listing on the US-based Nasdaq Stock Exchange.

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Canadian hydrogen tax credit presents climate risks without proper design, green groups warn

Published 23:25 on February 9, 2023 / Last updated at 23:25 on February 9, 2023 / / Americas (Compliance Markets & Taxes, US & Canada), CO2 Management (CCUS), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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Canada’s proposed investment tax credit for clean hydrogen could result in higher emissions and less energy efficiency, according to an open letter to Deputy Prime Minister Chrystia Freeland sent on Thursday and signed by 55 environmental organisations and 110 academics.

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Shell plots 10 MtCO2/yr Alberta carbon capture facility

Published 20:29 on July 13, 2021 / Last updated at 22:35 on July 13, 2021 / / Americas (Compliance Markets & Taxes, US & Canada), CO2 Management (CCUS), International, Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels), Voluntary (VCM Governance)

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Oil major Shell announced a proposed project at its Alberta refinery on Tuesday that could capture more than 10 million tonnes of CO2 per year, adding to the spate of carbon capture and storage (CCS) and hydrogen initiatives planned for Canada’s fossil fuel-heavy province in recent months.

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