Crediting Factsheets

Alberta’s greenhouse gas reduction framework including the implementation of its carbon offset crediting system 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 including having a government-approved quantification protocol for the emission reduction activity. 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 federal-regulated facilities under the federal output-based pricing system program since August 2020. The federal output-based pricing system does not apply in Alberta. Other credit types include: • Emission performance credits, created by regulated facilities whose emissions are less than their allocations; • Associated Emission Offset: Sequestration credits, which occur from converting emission offsets from deep saline aquifer sequestration or enhanced oil recovery and enable the underlying activity to also participate in generating credits under Canada’s Clean Fuel Regulations; and • Capture recognition tonnes, which are converted sequestration credits and can be applied at a regulated facility that captured the carbon dioxide as if it was an on-site reduction.