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Released: 25 June, 2003
Government Of Canada Signs International Carbon Sequestration Agreement
WASHINGTON — Canada today joined a group of countries
and the European Commission in cooperating in the development and deployment
of carbon sequestration and related technologies. The Honourable Herb
Dhaliwal, Minister of Natural Resources Canada, signed the Charter for
the Carbon Sequestration Leadership Forum (CSLF) while attending the first
meeting of this initiative, which is led by the United States. Other signatories
include Australia, Brazil, China, Colombia, India, Italy, Mexico, Russia
and the United Kingdom.
Carbon sequestration involves capturing carbon dioxide (CO2),
a major greenhouse gas (GHG) that contributes to climate change, and storing
it in geological formations underground. This process has other associated
benefits. For example, when CO2 is injected into an oil field,
more oil can be recovered and the life of the oil field extended.
“To reach our climate change goals, we will have to make use of
all possibilities, and CO2 capture and storage is an important
option,” said Minister Dhaliwal. “Developing leading-edge
technologies like CO2 capture and storage has tremendous potential
to reduce GHG emissions and bring new economic opportunities. This will
also help us maintain the sustainable development of our large fossil-fuel
resource base.”
Canada is a world leader in carbon sequestration research and technologies,
and the Government of Canada has already made significant investments
in this area. The world’s largest sequestration research project
is operated by Encana, in the Weyburn oil field in Saskatchewan. The Government
of Canada is actively engaged with other partners, including the governments
of Alberta and Saskatchewan, the United States and the European Commission,
in a project to monitor and assess the feasibility of this technology
to use CO2 enhanced oil recovery to extend the life of the
oil field. Over the 25-year life of the project, 14 million tonnes of
CO2 could be stored — the equivalent of a year’s
worth of emissions from 3.2 million vehicles.
Canada is also developing technology that will inject CO2
into deep coal beds and improve coal-bed methane recovery. Additionally,
preparatory work and analysis of other CO2 storage and capture
opportunities, and the potential sequestration of CO2 in oil
sands projects, are underway.
“Our country has been at the forefront of CO2 capture
and storage for many years,” said Minister Dhaliwal. “But
climate change doesn’t respect geographical boundaries. Through
this important forum, we want to share our knowledge and expertise while
learning from the experience of other countries.”
The United States launched the CSLF to establish an ongoing mechanism
to pursue international collaboration in the area of carbon capture and
storage. Cooperation in the CSLF is expected to take the form of data
gathering, information exchange and joint projects. It will cover both
technological issues and related policy questions, such as safety and
economic viability.
Canada’s participation will help market Canadian technologies
and further establish Canada’s leadership in carbon sequestration,
boosting international awareness of Canadian projects, developments and
initiatives.
This initiative advances the Government of Canada’s commitment
to the sustainable development of our natural resources — contributing
to their economic importance and to a strong society and communities through
knowledge, innovation, technology and international leadership. By integrating
our economic, social and environmental goals, we can ensure our quality
of life and build the Canada we want, for ourselves and for future generations.
For more information, media may contact:
Alexandra Muir
Director of Communications
Office of the Minister
Natural Resources Canada
(613) 947-8246 |
Ghyslain Charron
Media Relations
Natural Resources Canada
(613) 992-4447 |
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