Companies Taking Concrete Steps Toward Capturing Revenues From Carbon Dioxide
CANADA, AUG 3 – Canadian firms develop carbon capture projects producing carbon-infused building materials and commercial products with production starting next spring, advancing emissions reduction efforts.
- Last week, Carbon Upcycling held a groundbreaking ceremony at the Ash Grove cement plant in Mississauga, Ont., for its commercial demonstration project, with production set to begin next spring.
- Foresight Canada notes that industry continues to favor underground storage, as a report last year concluded it is likely to beat out using carbon from large emitters.
- Industry observers note that CCUS has been framed as `one big silver bullet technology`, with cement contributing about eight per cent of global emissions, and CleanO2 captures CO2 from heating systems into pearl ash.
- According to industry analysis, carbon utilization’s economics remain uncertain in many cases, while Dave Sawyer noted it helps generate credits but plays a small role.
- Foresight Canada sees southwestern Ontario as a promising region due to emitter clusters and innovation hubs despite limited storage infrastructure, Apoorv Sinha said `What needs to happen is more support and a larger focus`.
35 Articles
35 Articles
Companies taking concrete steps toward capturing revenues from carbon dioxide
Carbon capture has long been a focus of emissions reduction efforts in Canada. It involves collecting the climate-warming gas from industrial sites and preventing it from entering the atmosphere, most often by stowing it away permanently underground.
Breaking News, Sports, Manitoba, Canada
It can be used to produce fuel, fertilizers, building materials and even hand soap, but can carbon dioxide also be cost-effective? Carbon capture has long been at the heart of Canada's efforts to reduce emissions. It involves capturing greenhouse gas from industrial sites and preventing it from becoming part of the atmosphere. Carbon is most often permanently stored underground. More rarely, CO2 is captured by changing its chemical properties an…
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