Enhanced Oil Recovery Carbon Capture and Storage Tax Credit Program
Sector: Oil and Gas • Location: Fort McMurray, Alberta, Canada
Source: TorontoToday
The federal government formalized a tax credit program for enhanced oil recovery projects that use carbon capture and storage (CCUS) technology. This program allows oil and gas companies to receive tax credits for capturing carbon dioxide and injecting it underground at oilfields to increase oil extraction while trapping CO2 permanently. The program applies in Alberta and other provinces with suff
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | implemented |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The federal government formalized a tax credit program for enhanced oil recovery projects that use carbon capture and storage (CCUS) technology. This program allows oil and gas companies to receive tax credits for capturing carbon dioxide and injecting it underground at oilfields to increase oil extraction while trapping CO2 permanently. The program applies in Alberta and other provinces with sufficient regulations for permanent CO2 storage, such as British Columbia and Saskatchewan. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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