The Montreal-based carbon-capture startup has already performed the seismic mapping in the province, which has the “legislative protocols” to regulate carbon storage, according to founder Fred Lalonde. The Quebec government, which invested $25 million in Deep Sky, said the next phases of Deep Sky’s carbon-capture plants will occur in Quebec. (La Presse)
Talking point: Lalonde, who is also co-founder of the Hopper travel app, said direct air- and ocean-capture technology is crucial to keeping rising global temperatures at bay. Yet as The Logic reported this week, the data Lalonde cites don’t always add up, including his contention that Deep Sky can rely on an electricity surplus in Quebec and Ontario to power the company’s energy-intensive carbon-removal plants.