Alberta Carbon Capture Incentive Program

For Alberta’s largest emitters, reducing carbon intensity while staying competitive is becoming a business-critical challenge. The Alberta Carbon Capture Incentive Program is designed to help enterprises invest in carbon capture, utilization, and storage infrastructure that can materially lower emissions from industrial operations. Led by Alberta’s Ministry of Energy and Minerals, the program supports projects that integrate carbon capture into facilities across the province, particularly in sectors where few other viable emissions‑reduction options exist.

The incentive focuses on capital-intensive CCUS investments, helping offset a meaningful portion of upfront equipment and infrastructure costs for projects that capture, transport, store, or permanently utilize carbon dioxide. Funding levels vary by project, but support is structured to complement federal carbon capture incentives, creating a combined package that can significantly improve project economics. The program is especially relevant for businesses in energy production, petrochemicals, power generation, manufacturing, cement, and other emissions‑heavy industries looking to modernize facilities or build new CCUS capacity. Projects located in Alberta may also benefit from retroactive consideration for eligible capital spending, recognizing that many companies have already begun investing in emissions reduction.

With applications currently being accepted on an ongoing basis, the Alberta Carbon Capture Incentive Program represents a strategic opportunity for large Alberta-based businesses planning long-term decarbonization investments. Exploring the full program details can help determine how this incentive fits into your capital planning and emissions reduction strategy.