Member Spotlight: Carbon Removal Canada

If you would like to have your organization, project or product featured in an ACR blog and Resources Letter, let us know! Contact communications@acr-alberta.com.

Creating Value Beyond Traditional Resources

Alberta's resource sectors are navigating a tougher landscape than they have in years. Geopolitical shocks, tariffs, supply chain disruptions, and shifting customer expectations are reshaping global markets. At the same time, countries around the world are competing aggressively for investment, talent, and market share.

Energy sovereignty and competitive resource development understandably dominate the conversation right now, and Carbon Removal Canada seeks to answer an important question: what are we doing today to ensure Alberta emerges even stronger than before?

Alberta’s industries have never been known to stand still in the face of adversity. Every generation has found new ways to improve efficiency, unlock value, and solve the challenges in front of them. From mining and minerals to forestry, oil and gas, utilities, agriculture, transportation, and construction, our prosperity has been built by people who know how to develop world-class projects and create value from the resources around them.

A new opportunity is emerging that builds directly on those strengths. It is called carbon removal, and it has the potential to strengthen Alberta's competitive position in a world where every process or product has to add value in multiple ways.

More than 20 carbon removal companies are already operating across Alberta, with new projects being announced and developed throughout the province. Together, they are attracting investment, creating jobs, and laying the foundation for a new export industry rooted in Alberta's existing strengths.

Alberta Has What the World Wants

At its simplest, carbon removal companies are trash collectors for the atmosphere. They use technologies that pull carbon dioxide out of the air and store it away permanently, then sell those removals as credits to buyers, whether the buyers want it for marketing, out of a genuine desire to offset their own emissions, or because their governments require it.

Few jurisdictions can match Alberta's combination of industrial infrastructure, geological storage resources, engineering expertise, and experience developing large-scale projects. As a result, the greatest opportunity in carbon removal lies in industrial integration: building new carbon removal technologies alongside industries and infrastructure that already exist.

Rather than starting from scratch, projects can be built into existing operations, using the infrastructure, supply chains, and expertise already in place. Mine tailings, biomass residues, waste streams, industrial sites, transportation networks, and geological formations can all become part of a new value chain. For resource companies facing commodity cycles, this creates revenue that is not directly tied to commodity prices. Materials once viewed as liabilities may become valuable inputs, and turning a reclamation cost into a commercial asset is exactly the kind of value creation Alberta companies have always excelled at.

Alberta's Industrial Heartland already brings together energy production, petrochemicals, manufacturing, transportation, and carbon management infrastructure in one of North America's largest industrial clusters. Few regions are better positioned to scale carbon removal quickly and cost-effectively. Projects are already moving forward.

Deep Sky's Alpha facility near Innisfail is testing multiple direct air capture technologies in Alberta conditions, helping position the province as a global proving ground for carbon removal innovation. International companies are increasingly choosing our provinceAlberta because they recognize the advantages of locating within an established resource and industrial ecosystem.

Just as Alberta became a global destination for energy investment, it has the opportunity to become a global destination for carbon removal investment as well. In a competitive world, pairing world-class resources with world-class carbon management becomes a commercial advantage.

A Real Market, Not a Future Possibility

The scale of the opportunity for Alberta is significant. Economic analysis suggests carbon removal could add $18 billion to the province's GDP, support over 160,000 jobs, and generate $5 billion in annual revenue for the provincial government to reinvest in our communities. That is not money raised through taxes. It comes from making it easier for companies to do business and sell products the world wants.

You do not have to hold any particular view on climate to see the commercial logic. The important point is that customers are already buying.

Around the world, billions of dollars are already being spent. Microsoft alone has signed agreements for millions of tonnes of future removals, including a recent deal with Canadian company CO280, which integrates carbon capture into pulp and paper mills, for more than 3.7 million tonnes. Revenue from agreements like these can strengthen existing industrial operations, open new investment opportunities, and improve long-term competitiveness.

Foreign governments are encouraging their companies to buy carbon removal too. Japan, for example, has built carbon removal into its emissions trading framework. That creates an opening for Japanese companies to purchase removals produced in Alberta, bringing new export revenue into the province.

An Opportunity for Alberta Communities

The jurisdictions that move first will attract investment, talent, and supply chains. They will help establish the standards, expertise, and infrastructure that others follow.

Carbon removal is not about replacing Alberta's traditional industries. It is about building on them, creating new value from established operations and reinforcing our position as one of the world's leading resource economies. Alberta has always found the next opportunity by getting to work. This one is no different.

About Carbon Removal Canada

Carbon Removal Canada is an independent non-profit accelerating the responsible scale-up of carbon removal technologies by advocating for impactful policy grounded in rigorous research, shaping market development, and connecting the right people to the right information.

Learn more about our work at carbonremoval.ca

Thank you to Carbon Removal Canada for preparing this article for use by ACR.

If you would like to have your organization, project or product featured in an ACR blog and Resources Letter, let us know! Contact communications@acr-alberta.com.

Next
Next

Transformational Opportunity & Strategies for Canada’s Resource Future in the Build Canada Era- Reflections from ACR’s 90th Anniversary