Ontario Low Carbon Economy Fund ; incentives for CCUS
Ontario Goes Green with Low Carbon Economy Fund
Ontario is leading the way towards a greener future with its Low Carbon Economy Fund. This fund has been created to help the province reduce its carbon footprint and become a leader in clean energy. One of the ways the Low Carbon Economy Fund is achieving this goal is by incentivizing Carbon Capture, Utilization, and Storage (CCUS). CCUS is a technology that captures carbon dioxide emitted from industrial processes and then either uses it or stores it underground. In this article, we will explore how CCUS is playing a key role in Ontario’s low-carbon economy and how the province’s incentives are boosting the adoption of this technology.