About 50 kilometres outside a small town in the Canadian prairies, surrounded by farming communities and canola fields, may seem like an odd place for Inventys to demonstrate the foundation of a viable carbon dioxide (CO2) marketplace.
After all, the location is thousands of miles away from any financial market or trading floor.
But as Claude Letourneau, the Inventys President and CEO, explains, the company is building a business case for physically trading tonnes of CO2 not carbon credits. “We produce low-cost pipeline-ready CO2 for storage,” Letourneau said. “Inventys’ breakthrough low-cost carbon capture technology using solid sorbent structured laminates will enable the market for certified low carbon fuel and hydrogen and clean power from natural gas.”
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