Page 16 - NorthAmOil Week 17 2021

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leaders with a proven track record in energy emissions. Only one third of those landfill these challenges lie in understanding and
transportation and landfill gas utilisation emissions are captured and utilised and the investing in the entire carbon lifecycle; from
to deliver a cost-effective solution to help rest are emitted directly to the atmosphere. hydrocarbon-based energy production
advance Canada’s energy transition to a low- Repurposing this under-utilised resource has through to carbon capture, utilisation, and
carbon future. the potential to divert 20 Mt of CO2e, which is storage back into the subsurface.
“Renewable natural gas is a low-carbon comparable to diverting 850mn trash bags of Carbon capture and storage (CCS), an
fuel that will help us get to net-zero,” said organic material from landfills per year. existing process and technology that reduces
Seamus O’Regan, Canada’s Minister of ENBRIDGE, WALKER INDUSTRIES AND CO2 emissions, is widely recognised as one
Natural Resources. “Companies like Enbridge COMCOR ENVIRONMENTAL, April 28, 2021 necessary approach to help achieve economy-
are working to lower emissions, create jobs, wide emission reductions. The business
and develop new opportunities to transform Leading oil and gas and investment opportunity for CCS arises
landfill waste into low-emitting energy.” from this technology that returns carbon to
The industry estimates over 33 Petajoules investment firm embraces the ground and is experiencing regulatory
(PJ) of landfill derived RNG can be generated tailwinds and bi-partisan support both in the
in Canada, potentially supplying energy to carbon capture and storage US and Canada. This represents a paradigm
approximately 400,000 homes for a year. shift, as the US government subsidises the
This joint venture intends to unlock this JOG Capital, a private equity firm with a capture and storage of carbon to incentivise
RNG potential and offer commercially viable 14-year track record managing more than and encourage net zero commitments – which
solutions to landfills ready for development. $1.3bn in energy investments, today unveiled we believe represents version 2.0 of viable,
The Niagara RNG facility in Ontario, which a corporate transition and rebranding to actionable, and tax-advantaged climate
is currently under development for in service become Carbon Infrastructure Partners solutions.
in 2022, is the partnership’s first landfill RNG (“CIP”), defining a new focus and investment Furthermore, we believe rapidly growing
project, and several additional projects are in mandate going forward. demand for high-quality voluntary carbon
the works. CIP is among the first investment firms offset credits, combined with significant
Canada has over 10,000 landfill sites, focused on solving the dual challenge of additional policy incentives, activates business
generating approximately 30 Megatonnes (Mt) how to meet global energy demand for models for carbon removal assets to directly
of carbon dioxide equivalent (CO2e) annually, 7.7bn people while rapidly reducing carbon remove CO2 from the atmosphere.
accounting for 20% of national methane emissions. CIP believes the solutions to JOG CAPITAL, April 29, 2021

P16 www. NEWSBASE .com Week 17 29•April•2021