Alberta's energy sector experienced a significant surge in investment in 2024, surpassing $30 billion for oil, gas, hydrogen, geothermal, helium, and lithium resources. The 2025 Alberta Energy Outlook report emphasized the province's pivotal role in providing affordable and reliable energy. Despite emission reduction targets, the forecast suggests a growth in oil production to 4.7 million barrels a day by 2034. The report also highlights the expansion of Alberta's emerging-resource sector, with hydrogen production expected to increase from 2.6 to 4.4 million tonnes yearly by 2034. Additionally, drilling for oil and gas spiked by 16%, with a notable increase in the oil sands sector. Alberta remains a major contributor to Canada's oil and gas production, boasting substantial reserves. Efforts in carbon capture are ongoing, with one million tonnes of CO2 sequestered in 2024. The government is pushing for infrastructure projects, including carbon capture initiatives, to demonstrate environmental responsibility and attract investments.