The provincial government of Quebec said Thursday in its 2016-17 budget that it will invest $15 million (CAD) in carbon capture company CO2 Solutions over the next three years. The funding is allocated under the 2015-2020 Government Strategy for Sustainable Development and will be used specifically to “support the creation of a consortium to promote adoption of CO2 Solutions’ patented enzyme-enabled carbon capture technology,” according to a CO2 Solutions release.
The consortium, “Valorisation carbone Québec,” will be led by CO2 Solutions and Laval University. It will be tasked with the development and implementation of “concrete solutions that will make a positive contribution to the Quebec economy through the creation of a new value-add carbon life cycle,” according to the release.
