Two Chinese companies have signed a Memorandum of Understanding (MOU) with the International CCS Knowledge Centre, based in Canada to work together to cut industrial greenhouse gas (GHG) emissions.
According to a press release by the company based in Regina, it has signed the MOU with Sinopec and China Huaneng Group – two leading innovation research institutes.
The release states: “The MOUs signal a path forward for the two countries to collaborate in the development, demonstration and deployment of carbon capture utilization and storage (CCUS) thereby reducing GHG emissions and providing energy security.”
The Canadian research institute has recognised CCUS as a technology that has the ability to make the largest impact to GHG emission reductions, supporting research from University College London (UCL) that said carbon capture technologies were essential for governments to achieve global commitments, including the Paris Agreement.
Catherine McKenna, Minister of Environment and Climate Change Canada, said: “The agreements signed today will enable the use of Canadian expertise and knowledge to advance Carbon Capture, Utilization and Storage applications in China. This is just one of the many examples of Canadian institutions and companies working around the world to reduce carbon pollution and deliver clean solutions.”
The International CCS Knowledge Centre will work directly with the two Chinese firms, collaborating on research to optimize technology for coal based emission products, as well as others, and to help unite international expertise to further advance CCUS.
In March 2018, the International CCS Knowledge Centre is to host the Carbon Capture, Utilisation and Storage Technology Cluster and the Global Series – Sustainability & Business Forum in Vancouver.