Natural Resources Minister Tim Hodgson detailed the spending plans on Friday. Funding includes $10 million for Calgary-based Inter Pipeline’s sequestration project near Calgary, $4 million for Enbridge’s carbon capture hub near Wabamun, Alta., and $2 million for Calgary startup OCCAM’s Technologies, which is developing new ways to capture and store carbon dioxide emissions. (The Logic)
Talking point: This was one of Hodgson’s first western Canadian appearances since his highly anticipated energy sector address six weeks ago. The funding announcement suggests Prime Minister Mark Carney’s government remains focused on CO2 emissions reduction, even as it seeks to hasten the development of Canada’s vast fossil fuel reserves in a bid to withstand U.S. trade threats. Hodgson declined to provide updates on the state of the roughly $16-billion Pathways Alliance project, the oilsands industry’s proposed carbon capture hub, but said he speaks with energy firms “almost every day.”