Entropy, Calgary-based carbon capture company, agrees to first-ever carbon contract for difference with feds
It's the Canada Growth Fund's first transaction in Alberta's carbon market. The Pathways Alliance applauded it as a move that lowers risk associated with decarbonization projects
By News on the Net -- CALGARY HERALD & Nana0000—— Bio and Archives--November 29, 2025
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A
Calgary-based carbon capture company is receiving $200 million from the
federal government, coupled with a carbon credit agreement that intends
to de-risk investment in carbon capture.
Climate policy organizations hope the deal lays the groundwork for a standard contract that would help increase the speed at which decarbonization projects are undertaken in Canada — and help it compete with the United States for low-carbon capital.
The Canada Growth Fund and Alberta oil and gas company Advantage Energy Ltd. announced the deal Wednesday morning. The funds will be invested in Entropy Inc., a subsidiary of Advantage. ---More...
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