Name of Mechanism
Alberta Emission Offset System
Alberta emissions offset
Governmental
Implemented in 2007
Alberta
Eligible Activities
Countries Hosting Projects:
Description:
Alberta’s carbon offset crediting mechanism was established in 2007. To be eligible for crediting, all activities must take place within the province of Alberta and meet a number of other system requirements. The Canadian federal government recognizes the Alberta Emission Offset System under a number of approved protocols to supply a source of credits (called Recognized Units) to the regulated federal facilities under the federal output-based pricing system program since August 2020.
Recent Developments:
The TIER Regulation was amended effective January 1, 2023, and updated a number of requirements for regulated facilities and Alberta emission offset projects. These include a phased-in increase in credit use limits, updating the credit expiry period to 5 years, and additional reviews for project credit extensions. The guidance and requirements of the system are also updated including the Project Standard for Emission Offset Project Developers and the Carbon Offset Emission Factor Handbook. Alberta Environment and Protected Areas approved and released a revised 'Enhanced Oil Recovery' quantification protocol in 2022 and is developing an 'Improved Forest Management on private lands' quantification protocol.
Relation to Compliance Carbon Pricing Instruments or other Voluntary Schemes in the country:
Alberta TIER