The Carbon Capture and Storage Funding Act, SA 2009 cC-2.5, received royal assent on June 4th, 2009 by the Alberta Legislature. The purpose of the Act is to encourage and expedite the design, construction and operation of carbon capture and storage projects in Alberta. The Minister of Energy has been granted a budget of $2 Billion dollars to fund grants to proponents which the Province hopes will encourage the development of carbon capture and storage projects within the province. For more information please see: http://www.assembly.ab.ca/net/index.aspx?p=bills_status&selectbill=014