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Canada’s $100M Boost: Accelerating Carbon Capture with Svante

Key Points:

  1. Canada Growth Fund invests $100 million in Svante to accelerate carbon capture and removal projects.
  2. The investment will enhance Svante’s technology for capturing CO2 from industrial processes.
  3. Aims to support Canada’s commitment to reducing greenhouse gas emissions.
  4. Expected to significantly advance the development of scalable carbon capture solutions.
  5. Highlights Canada's strategic focus on innovative technologies for climate action.