Terra's CEO Dylan Jones stated, "As British Columbia's only entrant into the Carbon XPRIZE we are proud to be one of the few companies locally working to solve two of the most important environmental issues facing Western Canada and the world. Our hardworking researchers and engineers are currently moving the technology from bench-scale to pilot-scale and we are looking forward to more exciting announcements in the near future."
About the NRG COSIA Carbon XPRIZE:
Launched in September 2015, the competition addresses global CO2 emissions by incentivizing innovative solutions to convert CO2 from a liability into an asset. The four-and-a-half-year competition includes the demonstrations by finalist technologies at either a coal or a natural gas power plant. Terra is enrolled in track B, natural gas power plant.
For more information on the Carbon XPRIZE: http://carbon.xprize.org/
SOURCE Terra CO2 Technologies Ltd.