Co2 Solutions Inc COSLF

Industrials Pollution & Treatment Controls

CO2 Solutions Inc is a Canada-based firm engaged in the development of proprietary technologies for capturing and producing of carbon dioxide. The company is focused on commercializing an enzyme-based technology for efficient CO2 capture from various industrial flue gasses for reuse or sequestration. The company's technology has various industrial applications, such as enhanced oil recovery, pulp and paper, water treatment, greenhouses, beverage carbonation, and other uses. Most of its revenue comes from the Canada market, while it also has a presence in the United States and European countries.

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Co2 Solutions Inc > California-Quebec-Ontario Cap & Trade Sales Figures

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Comment by HyperCubeon Jun 25, 2018 3:05pm

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Post# 28225653

RE:California-Quebec-Ontario Cap & Trade Sales Figures

You can profit from carbon capture even if your capture costs are higher than the auction price. Serres Toundra is paying to get CO2. That's why CST is pushing for reutilisation with VCQ. There are many utilisations for CO2. I like Carbicrete very much.

Note also that the auction price will go up. They are decreasing the amount auctioned off, that forces the price to go up. On the other hand, when I first bought CST (circa 2003) I think they were talking of 50$ per tonne to be their cost. With the price of capture going down and the price of auctioned CO2 permits going up, carbon capture can only become more and more appealing.

HealthyPlanet wrote: Companies paid $14.65 US per ton for carbon offsets at the most recent auction. This is approximately $20 CA per ton. Until the price of these offsets reaches close to double that price it's going to be a tough battle to sell carbon capture in California, Quebec and Ontario based on the current $28/ton cost of capture.

https://www.netl.doe.gov/File%20Library/Research/Coal/carbon-storage/Reference%20Shelf/news/2018/NETL-June-2018-Carbon-Storage-Newsletter.pdf