Reducing GHG Emissions – A Global Challenge

Eric Newell May 19 2015

World energy demand is growing

World CO2 emissions are growing

Key messages1. Albertans take our environmental responsibilities seriously.2. To capture a share of the benefits from our resources,

Alberta needs to achieve absolute reductions in GHGs. 3. Transformative technology is critical to meeting the global

climate change challenge.

A climate for change

* Currently under review

Alberta’s 2008 Climate Change Strategy*

Climate Change and Emissions Management Act

Specified Gas Emitters Regulation• Mandatory requirements to hit target • Flexibility options

• Continuous Improvement• Credits or Offsets• Pay into fund @ $15/tonne

• Annual compliance

Alberta policy

• Reduce GHGs through investing in clean tech• Funding comes from large emitters• Investments include cleaner energy production,

conservation and efficiency, CCS

To date: • Invested $246 million in 100 projects• Valued at $1.7 billion, average leverage of $5.9:1• Reduces emissions by 9.5 megatonnes by 2020

CCEMC

• Growing Power Hairy Hill – Deployment• Blackspring Ridge – Deployment• ESEIEH – Market demonstration • Salt Canada/ Wood Buffalo – Deployment • C02 Solutions – Design and development

Transformative technology

CCS projects: across the spectrumApplied R&D Development Demonstration Deployment

AI-EES Project

CCEMC Project

Government of Alberta CCS Program

CCEMC Grand Challenge

Round one projects 24 projects broadly grouped in four areas

• Fuels (7) – methanol, propanol, syngas • Chemical Synthesis (5) (react with or separate) – consumer

goods - carbon fiber, fuel additives, solvents• Biofixation (3) (algae, bacteria, yeast) – butanol, malate • Solid Products (9) – concrete, graphene, carbonates,

fertilizers

Read about the winners and all CCEMC projects on CCEMC.CA

• Alberta needs to reach it’s 2020 reduction targets of 50 Mt

• Meeting 2020 target calls for collaboration between industry, government, SMEs to make fossil fuel resources more sustainable

• Longer term challenge requires transformation technology

• Canada’s leadership in CCS could have global impact

ConclusionReducing GHG emissions is a global challenge.