A Montreal-based company operating north of Calgary, Alberta, has just pocketed a US$40-million grant from a firm with ties to Bill Gates. [emphasis, links added]
Canadian startup Deep Sky received a grant from Breakthrough Energy Catalyst, a venture capital firm, to construct its Deep Sky Alpha project — the world’s first direct air capture carbon removal, reported the Canadian Press.
When completed, the project will remove excess carbon dioxide (CO2) from the atmosphere to combat ‘climate change’ – differing from carbon capture and storage, which takes CO2 from smokestacks.
On December 7, 2023, Alberta Premier Danielle Smith said her cabinet is committed to attracting investment and achieving carbon neutrality by 2050.
“We’ve been responsible by setting a price on carbon as far back as 2007, developing a carbon offset and trading program, investing billions in commercial-scale carbon capture utilization and storage, and creating an innovation fund that has so far supported more than 260 emissions-reducing projects with $2.6 billion worth of grants,” she said at the time.
Breakthrough Energy Catalyst funds commercial projects that focus on climate technologies. Wednesday’s announcement marks their first investment in Canada.
Mario Fernandez, head of Breakthrough Energy Catalyst, said commercializing direct air capture technologies at lower costs and scale presents a unique opportunity.
“The world will ultimately need many approaches to carbon removal at prices far lower than is achievable today, but Deep Sky’s platform will enable and accelerate the kind of real-world innovation that could make affordable [direct air capture] achievable,” Fernandez said.
On March 13, rural towns and regional governments across Saskatchewan voted overwhelmingly (95%) to recognize CO2 as not a pollutant at the Saskatchewan Association of Rural Municipalities (SARM) convention.
The adopted resolution called on Premier Scott Moe to remove the province from all national and international net zero agreements.
United Conservative delegates passed a similar nonbinding resolution last month, noting that CO2 is a “foundational nutrient for all life on Earth.”
“The carbon cycle is a biological necessity. CO2 is presently at around 420 ppm, near the lowest level in over 1,000 years. It is estimated that CO2 levels need to be above 150 ppm to ensure the survival of plant life,” it reads.
“The Earth needs more CO2 to support life and to increase plant yields, both of which will contribute to the Health and Prosperity of all Albertans.”
Premier Smith earlier praised the province’s efforts to reduce emissions as an “effective made-in-Alberta plan” that works congruently with natural resource development.
Deep Sky, being built in the town of Innisfail, will pull CO2 directly from the air to supposedly clean up ‘historic emissions’ and reverse ‘climate change.’
Deep Sky says it will pilot up to 14 direct air capture projects from companies around the world to see which can be commercialized.
The captured CO2 will then be transported to the Meadowbrook Carbon Storage Hub facility north of Edmonton, where it will be stored two kilometers underground.
Deep Sky intends to have its Alpha project fully operational by next spring.
h/t GJ
Read rest at Rebel News
For the people that have bought into the climate fraud, there is a more cost effective means of removing carbon dioxide from the atmosphere. Considering their apparent level of competence, they might not have heard of it. The process is called photosynthesis.
For the sake of augment let’s assume for a moment that climate change is a real problem and it would be beneficial to remove carbon dioxide from the atmosphere. Now consider the ways it would make sense to do so. There is a type of pond vegetation that can double its biomass every 48 hours. This could be grown by supplying the needed minerals, harvested, and then sequestered. In addition to harvesting the seeds from corn, wheat, and soybeans, the rest of the plant could be purchased from the farmers and sequestered. There is significant biomass from the branches of trees that are logged and that might be able to be sequestered.
I suspect that the motivation for building a carbon capture industrial plants is the same as the support for the renewable energy industrial complex. Some less than honest people are trying to get rich.
Frankly him and his Microsoft can Go Pound Sand this loose not trying to make himself as the Man where trires to prevent a totally False Threat and he n belongs in the Nut House right next to the Guy who thinks is is Napoleon
Take Bill Gate’s money, as much as he can throw away. Plant trees, no power cord, low maintenance, harvest the lumber in 50 years.
Steve I live in Alberta and am a conservative.
I agree with you. Why is the premier supporting the capture of plant food?
I think that she playing politics by appearing to look GREEN. so as to satisfy the agw crowd.
I have emailed her many articles debunking ccs, but pays no attention that.
Allan, from comments you have written before I thought you lived in Alberta. And my knowledge of Canada’s politics may not be complete but like here in the US the central part of the country (flyover country) tends to be more conservative such as Alberta and Saskatchewan. As you say your premier seems to be playing politics.
If Gates wants to waste his money on such a project then go for it. But what is the premier of Alberta, the province that produces the most fossil fuels and the most conservative, even trying to reach the nonsense of carbon neutral?