QUESTION PERIOD — Environment and Climate Change
Carbon Sequestration
November 30, 2023
Senator Gold, in Senator Colin Deacon’s speech last week, he said that Canada didn’t have a strategy for carbon sequestration yet.
Air Products, a company owned by a major American industry group, is the world leader in technical solutions for capturing CO2 during fossil fuel conversion before it’s released into the atmosphere, which is fundamental to carbon capture and sequestration.
In August 2022, the Canadian government announced that Air Products would receive approximately $475 million in funding for its net-zero hydrogen energy complex in Alberta from the government’s energy transition programs. Could you tell us how this project is going and when will it be up and running?
Thank you for that important question. Canada is well positioned to become a global hydrogen leader, which will help create thousands of jobs, grow the economy, reduce emissions and put Canada on a path to achieving net zero by 2050. As I understand it, construction of Air Products’ transformative new hydrogen facility is well under way in Edmonton and it will deploy advanced technology and an innovative design to deliver net-zero emissions.
Could you also tell us whether other carbon capture programs are under way in Canada? If so, what provinces are they located in?
I don’t have a complete list of the various carbon capture programs in Canada, but if my information is correct, today, the government announced a new carbon capture project in Alberta, the first of its kind in the world. The government has also invested millions of dollars in research, development and demonstrations to keep this project moving forward.
