The Short Report – June 15, 2022: CREATE program receives new NSERC funding, feds provide up to $100M to Saskatchewan potash mine, Alberta invests in quantum hub, $24M for research on life-saving organ transplant technology, and more.
Organization: Occidental Petroleum Corp.
B.C. clean tech firm Carbon Engineering secures $68M investment
The funding represents the largest-ever investment in “direct air capture,” a climate change mitigation technology that captures carbon dioxide directly from the atmosphere.