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...