Main Office

200, 340 Midpark Way SE

Calgary, AB T2X 1P1

Phone: 403-452-3713

Fax: 403-452-3769

Remote Office Locations

Central Alberta: 780-400-9095
Norther Alberta: 780-882-9019
Saskatchewan: 306-539-9711

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    Why Carbon Capture and Storage is critical to meet climate goals

    Why Carbon Capture and Storage is critical to meet climate goals

    Renewable energy technologies alone won’t be able to meet reduction targets set out in the Paris agreement, as they are preventative measures. Carbon Capture and Storage provides solutions for both carbon avoidance and removal of current pollutants. 

    The increase of CCS projects worldwide would allow for decarbonization in industries that are currently relying on fossil fuels, such as the production of cement, iron, and steele. CCS projects also enable infrastructure reuse, as they can utilize the equipment in place from abandoned oil and gas projects. Increasing the number of CCS projects to 2,000 by 2050 from the 25 currently operating would be the equivalent of removing 1.2 billion cars from the road annually.

    CCS benefits the economy

    The International Energy Agency (IEA) says that CCS is the most cost effective approach to meeting carbon reduction targets. CO2 can be captured at relatively low costs due to recent innovation, and captured CO2 is essential to the supply chain in producing low-carbon hydrogen. Beyond reduced expenses, the expansion of CCS projects will also increase employment opportunities to meet the growing demand for new applications in transport and construction, providing long-term job stability.

    Canada leading the charge

    Canada is already facing the CCS opportunity head on, and seeing great success. The Alberta Carbon Trunk Line is the world’s largest CO2 pipeline, and with the power of CCS technology it safely stored one million tonnes of CO2 as of March 2021. Alberta based Quest CCS facility has also safely captured and stored 6 million tonnes of CO2 in just six years of operations. Another facility in Weyburn has also seen tremendous success, storing 34 million tonnes of CO2 since 2000. 

    The 2020 IEA report says that to meet carbon reduction targets, CCS projects will need to contribute up to 50% of efforts. Currently, they only contribute 15%. Out of 26 total projects worldwide, the success of these three Canadian projects is good news. Canada has a long and open road ahead for capitalizing on the economic opportunities presented by CCS expansion, that will also benefit the environmental bottom line.

    The True Nature of AiM Land –

    We are a full service land consulting firm with innovative and expert knowledge of the land. We offer expertise for a broad spectrum of major energy projects across Canada and the United States. We are a full-service broker that does all portions of a project internally; we do not outsource any part of the work. We utilize leading edge technology to reduce costs, improve communications, and ultimately deliver the project more efficiently and done for the best price. Our strong and dynamic team brings extensive knowledge from the field and varying experiences to each project.

    Reach out to connect with us to learn how we can help with your project. 

    AIM-Land Circle R2
    Gabrielle Leakes
    Operations Manager | AiM Land
    D: 403-648-5421
    AiM Land Services