Canadian Biomass Magazine

Suncor invests in carbon capture tech company to reduce its GHG emissions

March 19, 2021
By Canadian Biomass Magazine

Calgary-based Suncor Energy Inc. is investing in Svante Inc. of Vancouver – a carbon capture technology company – to reduce or offset its greenhouse gas emissions.

The oil and gas operations company says its investment in Svante will support a technology that could reduce the cost of carbon capture.

Suncor is looking to reduce the emissions intensity of its petroleum production by 30 per cent by 2030.

To read the full story published by JWN Energy, click here.


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