The Alberta government, Ottawa, and five major oilsands producers have signed a memorandum of understanding to advance the multibillion-dollar Pathways carbon capture and storage project.This initiative is a condition for proceeding with a new West Coast oilsands pipeline.The federal government has committed to extending investment tax credits for carbon capture equipment until 2035.The Pathways project will be implemented in stages, with a target completion date of January 1, 2035.Consortium members include Canadian Natural Resources, Imperial Oil, Suncor, Cenovus, and ConocoPhillips.Alberta plans to finalize its own incentive program for carbon capture technology.While the agreement aims to reduce emissions, critics argue that oil companies may prioritize profit over environmental goals.The project faces opposition from landowners and First Nations communities concerned about its impact.This collaboration highlights growing efforts to balance economic interests with climate action in Canada's energy sector.