RBC says Canada can emerge as carbon — management solutions hub as oil, gas investment tops $200 billion
RBC flagged Canada as a potential carbon-management hub as more than $200 billion in new oil and gas projects is planned. RBC estimated Canada’s R&D intensity at 1.6% of GDP in 2024 versus 2.9% for OECD peers, calling for faster clean-tech R&D. RBC highlighted Alberta’s planned carbon-credit price floor of $60 a tonne by 2030, versus capture costs implied above $300 a tonne. Methane data remained contested: Alberta reported a 52% drop versus 2014 by 2023, while 2021 aerial measures ran about 1.5x higher. RBC said Ottawa’s Article 6 framework could let foreign capital fund Canadian abatement projects via internationally transferred mitigation outcomes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RBC — Royal Bank of Canada published the original content used to generate this news brief on October 13, 2026, and is solely responsible for the information contained therein. (C)