Not Just Hot Air: Manitoba Introduces The Captured Carbon Storage Act

By the time this article goes to print, Manitoba is expected to have a new legislative regime that will not only settle uncertainty as to who owns and who has the use of subsurface pore rights for carbon capture and storage (CCS) but will also position Manitoba to receive investments in CCS technology. Given that almost all of Manitoba's power is hydroelectric, it will make Manitoba an especially attractive jurisdiction for CCS projects that depend on an inexpensive and reliable source of renewable energy.

CCS is a technology designed to reduce greenhouse gas (GHG) emissions by capturing carbon dioxide (CO2) from industrial sources and storing it underground in geological formations. This process prevents CO2 from entering the atmosphere. CCS is considered a crucial tool in achieving net-zero emissions targets and managing industrial emissions.