A tanker truck used to haul oil products operates at an oil facility near Brooks, Alberta, Canada April 18, 2018.
Oil and gas is Canada's highest-polluting sector, but also contributes around 7.5% annually to national GDP and is a major employer in Alberta.
The province has already "invested or committed" C$1.8 billion ($1.3 billion) to develop CCS, Puddifant said.
Over the last decade, the Alberta government has invested in infrastructure including the Quest carbon capture project, operated by Shell (SHEL.L) and the Alberta Carbon Trunk Line.
In March, Alberta picked six proposals to move forward on developing a carbon storage hub near Edmonton.