Vesting Pore Space to Enable Carbon Capture and Storage Opportunities for Ontario Ontario’s CCS Opportunity and Challenge

Ontario’s CCS Opportunity and Challenge CCS, recognized by the United Nations Intergovernmental Panel on Climate Change and the Government of Canada as an indispensable tool for achieving our collective net-zero objectives and with a strong safety and success track record in numerous jurisdictions. [...] A viable commercial framework is also necessary to unlock the federal CCUS Investment Tax Credit for Ontario-based companies that want to build projects in Ontario, attracting billions of dollars worth of investments and securing tens of thousands of local jobs. [...] Acknowledging the legal and constitutional rights of Indigenous Peoples in Canada and the significance of their relationship with traditional lands and resources, we are also dedicated to genuine and transparent Indigenous consultations. [...] As representatives of industry in Ontario that would benefit from a CCS solution, we remain committed to continuing to work with your government to help inform on the next steps and collectively leverage opportunities for CCS to help attract investment, create jobs, and help achieve emission reduction goals in Ontario. [...] Sam Oosterhoff, Associate Minister of Energy-Intensive Industries Drew Vanderduim, Deputy Minister of Natural Resources Dawn Gallagher-Murphy, Parliamentary Assistant to the Minister of Natural Resources and Forestry Patrick Sackville, Chief of Staff to Premier of Ontario Adam Bloskie, Chief of Staff to Minister of Natural Resources Rahul Bedi, Deputy Chief of Staff to Premier of Ontario Blake Lib.