Canada's largest oil sands producers signed an agreement with the Alberta government allowing them to assess the geology of an underground carbon storage site, a step in their plan to tackle greenhouse gas emissions, the companies said on Wednesday.
The Pathways Alliance, consisting of six companies representing 95% of Canada's oil sands production, is proposing a carbon capture and storage (CCS) hub that will gather and store emissions from 14 oil sands projects in northern Alberta by 2030.