Carbon storage plan unveiled in fight for net zero

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Manitoba has unveiled a proposed law that sets out rules for the underground storage of carbon emissions.

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This article was published 04/04/2024 (553 days ago), so information in it may no longer be current.

Manitoba has unveiled a proposed law that sets out rules for the underground storage of carbon emissions.

“This is part of our plans to reduce emissions, working with industry, and at the same time, help us get to net zero in Manitoba,” said Jamie Moses, minister of economic development, as he introduced Bill 31, the Captured Carbon Storage Act Thursday.

The legislation gives the government the power to regulate how, where, and by whom captured carbon emissions are stored underground.

MIKE DEAL / FREE PRESS FILES
                                Minister of economic development, Jamie Moses, introduced Bill 31, the Captured Carbon Storage Act Thursday.

MIKE DEAL / FREE PRESS FILES

Minister of economic development, Jamie Moses, introduced Bill 31, the Captured Carbon Storage Act Thursday.

It sets out a permit and licensing process for industries and corporations to apply to safely store the captured emissions produced by their operations.

Moses said currently there is no framework for captured carbon storage.

He said the bill proposes a permit process for industries, “some of the largest polluters in Manitoba” and it aims to remove the equivalent of pollution produced by 85,000 cars — hundreds of thousands of tonnes of carbon emissions — from the atmosphere.

Once industry representatives apply for permits and licences through Moses’ department and the department of Environment and Climate Change, “they will have the proper regulatory safety checks in place to then capture carbon from their industry and store it safely underground,” the minister said.

The legal framework doesn’t include carbon pricing or financial incentives.

It’s something industry representatives have told him they are “eager” to see implemented.

“It allows them to continue to operate their business in the most environmentally friendly way, by reducing emissions, capturing it, and storing it safely underground.”

Progressive Conservative finance critic Obby Khan said he looks forward to reviewing the 67-page bill.

“Carbon-capture credits is something that’s been done all over the world. It’s definitely an interesting idea, it’s definitely an idea that has value… that can make an impact on the environment,” Khan said.

katie.may@freepress.mb.ca

Katie May

Katie May
Multimedia producer

Katie May is a multimedia producer for the Free Press.

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