Cnet's Green Tech Blog is reporting that the Alberta government is investing up to $500 million on initiatives aimed at cutting greenhouse gases. "In all, the government hopes to prevent 200 million tons of gases from getting into the atmosphere. If it hits its goals, emissions will be lower in 2050 than in 2005." Seventy percent of the reduction is planned to be achieved by carbon capture and sequestration, rather than allowing gases into the air the technology being considered would involve "seeding underground aquifers or porous rock formations with carbon dioxide captured in smoke stacks." Alberta of course is Canada's largest oil producer and has a booming economy which is the envy of the country.