Canadian Firm Granted $375k for Carbon Capture Technology

A Canadian company has been granted $375,000 (£223,280) for research and development of its carbon capture technology.

CO2 Solutions aims to pursue research on its absorbing solution system, with the aim of reducing its cost and further improving the equipment performance which would be integrated in the capture process.

The technology captures emissions produced from the use of fossil fuels in electricity generation and industrial processes, preventing the carbon dioxide from entering the atmosphere.

Natural Resources Canada, which provided the funding, says the project in Quebec City could cut costs for future commercial projects.

Natural Resources Minister Amarjeet Sohi said: “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.” (Energy Live News)