Canada Positioned to Lead Global Carbon Dioxide Removal Industry with Federal Support
CARBON CAPTURE
A coalition representing over 100 carbon dioxide removal companies highlights Canada's potential to lead in the carbon capture sector, provided the federal government establishes supportive policies and market frameworks. While private investments are growing, the industry's expansion hinges on government incentives and regulations.
Key recommendations include tax incentives, carbon removal targets, and streamlined permitting processes. Advocates argue that with its natural advantages and existing technology, Canada can significantly contribute to global climate goals and economic growth.
Sep 17, 2025, 7:25 AM