Geologic CO2 storage is essential to carbon management and contributing to the goals of achieving net-zero for Canada and its provinces/territories. Globally, it is anticipated that 95% of all CO2 captured will need to be permanently stored (IEA 2020).
The objectives of the project are to provide a consistent regional analysis that catalogues opportunities, economics & risks for carbon storage in Eastern Canada (QC and Atlantic Canada). This project will fill a gap in the geological knowledge that is required to understand carbon storage opportunities in Eastern Canada. It will provide a scientifically informed summary of the potential volumes of CO2 that could be stored and the associated costs.
This project will provide information needed by industry, government, Indigenous groups, and the public to understand carbon management and storage in the region.
Canadian Discovery Ltd. (CDL) and Deep Sky are collaborating to drive the project forward. Learn more about how you can get involved here.
CDL has comprehensive CCUS project experience across North America including British Columbia, Alberta, Saskatchewan and the southern U.S. Gulf Coast. Explore our project timeline below to learn more about these projects, or contact us.
Canadian Discovery Ltd. (CDL) is an independent, global energy information services company headquartered in Calgary, Alberta, Canada. As world leaders in reservoir- to basin-scale evaluation, we specialize in assessing subsurface properties, pressure, fluid flow, fluid chemistry and geomechanics. CDL’s extensive subsurface knowledge and GIS capabilities support Clean Technologies including Carbon Sequestration and Storage (CCUS), Critical Minerals, Geothermal Energy and Water Disposal and Sourcing Solutions.
Montreal-based Deep Sky is the world's first tech-agnostic carbon removal project developer aiming to remove gigatons of carbon from the atmosphere and permanently store it underground. As a project developer, Deep Sky brings together the most promising direct air and ocean carbon capture companies under one roof to bring the largest supply of high quality carbon credits to the market, commercializing and catalyzing carbon removal and storage solutions like never before. With $75M in funding, Deep Sky is backed by world class investors including Investissement Québec, Brightspark Ventures, Whitecap Venture Partners, OMERS Ventures, BDC Climate Fund, and more.
