Canada's Alberta province on Thursday offered to collaborate with the federal government to spur carbon capture utilization and storage (CCUS) investments, but only if Ottawa secures Alberta's consent on climate policies that impact oil and gas.
In her letter, Smith proposed coordinating a federal CCUS income tax credit with an expansion of Alberta's Petrochemicals Incentive Program to include CCUS projects.
However, she said the invitation came with "one non-negotiable condition": that Ottawa holds back on passing legislation or policies impacting the oil and gas sector without Alberta's input and full agreement.
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