A unique carbon capture technology being developed at CO2 Solutions in Quebec City has received an investment of $375,000 from the Canadian government, to help cut costs for future commercial projects.
This research and development project, which is part of the $49-million Energy Innovation Program, will improve air quality and fight climate change by reducing CO2 from large industrial emitters through utilization and storage.
CO2 Solution's carbon capture system will see major improvements to their process. Such improvements will reduce costs for future commercial projects that integrate this enzymatic technology.
Carbon capture and utilization technology focuses on developing new ways to convert CO2 into fuels and other value-added products such as improved building materials.
Through Generation Energy, Canada's national energy dialogue, Canadians see an opportunity to be a leader in the transition to a clean growth economy. Canada will continue to support cleantech initiatives that create jobs for the middle class, support Canadian industry competitiveness, clean our air and act on climate change.
"Our government continues to invest in innovative research, and we are proud to support this carbon capture technology, setting Canadian companies on the path to a clean industrial revolution, leading the transformation of our energy future and creating good jobs for the middle class."
Amarjeet SohiCanada's Minister of Natural Resources
Copyright: North America Procurement Council Inc., PBC