CO2 Solutions Inc. has inked an agreement to provide Norwegian international energy company Statoil with data and reports from its Alberta oil sands carbon capture project. The value of the contract is not being disclosed.
Alberta’s carbon intense economy is looking for things to do with its carbon emissions. The province’s Climate Change and Emissions Management Corp. (CCEMC) has launched a plan to spend upwards of $35 million on companies with innovative carbon usage ideas.
CO2 Solutions Inc. is going to receive $4.7 million from the federal government under the ecoENERGY Innovation Initiative to support the development its carbon capture technology for use in Alberta’s oil sands.