The federal government announced Tuesday it will provide $375,000 for a unique carbon capture technology at CO2 Solutions in Quebec City that will 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, the government said.
“CO2 Solution's carbon capture system will see major improvements to their process,” the government said. “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.
"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,” said Amarjeet Sohi, federal Minister of Natural Resources.