QSA's Week in Oil & Gas (#6, 2025)
Canada invests $14M in CCUS; Quebec resident fined $35K for environmental violations; Canada targets 50% emissions cut by 2035.
Start Date: 2025-02-08
End Date: 2025-02-14
Top Headlines
Main Stories
Canada Invests in Carbon Capture and Storage
Natural Resources Canada announced over $14 million in funding for six carbon capture, utilization, and storage (CCUS) projects. The investment targets the development of technologies for CO2 sequestration and transportation, with projects ranging from tailings carbonation to direct air capture systems. This funding aims to support Canada’s commitment to reducing emissions and advancing clean energy technologies.
Sources: Announcements: www.canada.ca, Announcements: www.canada.ca
Canada's 2035 Emissions Commitment
Canada has formally submitted its 2035 nationally determined contribution under the Paris Agreement, aiming to cut emissions by up to 50% below 2005 levels. The new target is part of the country's strategy to achieve net-zero emissions by 2050, focusing on clean energy, industrial decarbonization, and economic resilience.
Sources: Announcements: www.canada.ca
