A new Carbon Capture, Utilization and Storage Innovation Challenge

    Tuesday, 17 October 2023 12:00

    By Tonya Organ

    It’s part of an effort to speed up decarbonization of the offshore.

    Government is launching a new challenge to create a Carbon Capture, Utilization and Storage Innovation Challenge. It’s part of an effort to speed up decarbonization of the offshore. The Department of Industry, Energy and Technology is inviting expressions of interest for financial support to qualifying businesses, organizations and researchers engaged in research and development focused on the development of CCUS in Newfoundland and Labrador’s offshore. Up to $6 million in Provincial Government funding has been allocated for two streams of work: research and development and support for studies of the potential and feasibility of the offshore to serve as a regional CCUS hub for storage of carbon dioxide. The funding can support up to 50 percent of eligible project costs.

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Sleet

      High: 8°C | Low: -9°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Ed Kearsey Jersey Retirement

      Saturday night the Corner Brook Royals host the Deer Lake Red Wings, the jersey of senior hockey legend Ed Kearsey will be retired!

    • The Plain Truth

      The Plain Truth, January 15, 2025

      TRIGGER WARNING: This episode contains discussions about Mental Health and Addictions. We acknowledge that this is a sensitive topic for a lot of people and we hope that you able to find strengh and resilience if you choose to keep listening.

    • Qalipu Today

      Qalipu Today, January 14, 2025

      Qalipu Today, January 14, 2025, first show of the year