Technology to Achieve 'Net Zero'

Canada

Canadian government policies on industrial decarbonisation

Frame (28)

Net zero target

 

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Frame (29)

Key climate policies

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Canadian Net Zero Emissions Accountability Act

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2030 Emissions Reduction Plan
 

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Oil and Gas Sector Greenhouse Gas Emissions Cap

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Clean Electricity Regulations

Vector (13)

Carbon pricing

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Federal Fuel Charge
 

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Federal Output-Based Pricing System (OBPS)

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Other Carbon Pricing Mechanism

Frame (25)

Hydrogen strategy


Canada has the potential to produce vast amounts of hydrogen from natural gas coupled with CCUS. Thus, CCUS is an integral part of the Canada’s Hydrogen Strategy.

Further information: Hydrogen Strategy For Canada; Clean Fuels Fund

Vector (15)

Other policies

A Healthy Environment and a Healthy Economy is the federal plan to build a better future with a healthier economy and environment. As part of this plan, Net Zero Accelerator of CAD 3 billion over five years, is being delivered via the Strategic Innovation Fund. This will rapidly expedite decarbonisation projects with large emitters, scale up clean technology and accelerate Canada’s industrial transformation across all sectors. The plan discusses the development of a comprehensive CCUS strategy and exploring other opportunities to help keep Canada globally competitive in this growing industry.

 

 

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Funding

Recent CCUS funding

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Canada Growth Fund and Carbon Contracts for Difference

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Carbon Capture, Utilization, and Storage Investment Tax Credit

Other funding opportunities

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