Vancouver-based Ionomr Innovations has received $240,692 from the National Research Council of Canada (NCR) to accelerate the development of its technology which converts carbon dioxide (CO2) emissions into renewable fuels and chemicals.
NRC’s Material for Clean Fuel Challenge programme recognised the company for its membrane and electrode materials that are key to converting CO2 emissions in a cost-effective, efficient manner.
The fuels produced by emissions capture and conversion could include CO2-neutral gasoline, diesel, and jet fuel, which could be critical to helping the aviation and shipping industries achieve carbon-neutral operations.
Bill Haberlin, Chief Executive Officer of Ionomr Innovations, said, “This contribution provides further recognition of Ionomr’s revolutionary materials for the efficient conversion of CO2 into useful chemicals and renewable fuels.”
“The benefits to the expanded adoption of this innovation are enormous, and Ionomr is positioned to supply the advanced materials necessary to help achieve the global climate targets for carbon utilisation. We look forward to working with our global partners to adopt and advance Ionomr’s CO2 electrolysis technologies.”