There has been considerable demand for funding under the Grand Challenge from the Climate Change and Emissions Management Corp. It received 344 submissions from 37 countries under the five-year, $35 million competition that’s looking for projects that will discover, develop and deploy innovative uses for carbon.
Cenovus Energy Inc. is providing Skyonic Corp. $2.5 million in funding so the company can continue developing and commercializing its technology that captures CO2 and then turns it into products such as baking soda.
Tailings from mines represent a viable option for capturing and scrubbing CO2 from both the mine operations themselves as well as for other large industrial emitters. This was the big takeaway from a Carbon Management Canada webinar last week on two specific projects the organization is funding.