Canadian government is funding “sustainable” carbon capture projects because they’re financially unviable
“Our investment agreement with Entropy was designed to accelerate the deployment of this important technology in Canada and worldwide"
By News on the Net -- The Exposé—— Bio and Archives--December 22, 2023
| Comments | Back To Full Article
Justin Trudeau’s government has committed to an unprecedented agreement with a Calgary carbon capture company to make decarbonisation technologies financially viable.
Through such agreements, the
federal government is giving financial assistance to open doors for
private-sector companies to innovate new decarbonisation projects by
buying future carbon credits primarily from companies with projects such
as carbon capture. The funding is, however, aimed at “sustainable
technology” projects; activities across Canada that reduce greenhouse
gas emissions or remove them from the atmosphere. ---More...
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