The province of Ontario is launching its program for large-scale carbon capture and storage.
Carbon capture involves putting captured carbon dioxide into deep underground rocks to keep it from escaping into the atmosphere.
You can now apply for funding for carbon capture projects. For more details on submitting applications, reach out to carbonstorage@ontario. ca or call 519-873-4634.
Since 2022, Ontario has been working on a carbon storage program. The province anticipates this emerging technology will generate over 4,000 jobs and save industries close to $1 billion.
“Carbon storage is a tried and trusted technology in Canada and around the world and Ontario is ready to take a safe and responsible approach to unlocking this new opportunity for workers and businesses,” said Mike Harris, Minister of Natural Resources. “Our government is moving forward with strong environmental protections and clear rules that protect our environment while also protecting our economic advantage, supporting good-paying jobs and ensuring Ontario remains competitive around the world.”
The government plans to keep collaborating with industry partners, local governments, Indigenous communities, landowners, and the public to make sure the framework stays effective.
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