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air-canada-invests-in-direct-air-capture-technology
© Carbon Engineering
air-canada-invests-in-direct-air-capture-technology
© Carbon Engineering

Air Canada invests in direct air capture technology

Flag carrier airline Air Canada has invested $6.75m in the clean-energy company Carbon Engineering to support the advancement of its direct air capture (DAC) technology that pulls carbon dioxide (CO2) out the air at an industrial scale.

The investment loan was made following the signing of a Memorandum of Understanding (MoU) between the two firms last year.

Read more: Air Canada looks to achieve net-zero targets with Carbon Engineering technology

Carbon Engineering’s DAC technology uses large fans to pull in air and then, through a series of processes, extracts the CO2 while returning the other air components to the environment.

The captured atmospheric CO2 can be used to reduce aviation emissions by producing sustainable aviation fuels (SAF) that can be drop-in compatible with today’s aircraft as well as being safely and durably stored in geologic reservoirs.

Michael Rousseau, President and CEO at Air Canada, says that carbon capture technology is one solution that the airline has outlined in its strategy to achieve Net Zero greenhouse gas emissions by 2050.

“We are proud to invest in Carbon Engineering to further advance new, transformational technologies towards carbon removal commercially,” Rousseau said.


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