The International CCS Knowledge Centre in Regina, and the Global Carbon Capture and Storage Institute announced the signing of a Memorandum of Understanding (MOU) on March 30 at the centre鈥檚 office, which is located in the Innovation Place technology hub on the University of Regina campus. The agreement intends to promote greater collaboration between the two organizations to support the global deployment of carbon capture and storage (CCS) technology.聽
In a press release, the two organizations recognize that they share the same objectives of accelerating the implementation of CCS worldwide by sharing knowledge and best practices that will advance CCS technology and understanding. The MOU sets out a partnership that can help fulfill their mutual goals of sharing expertise and knowledge, building capacity and influencing policy and regulatory structures.聽
Under the MOU, the two parties will identify opportunities for joint activities, as they seek to remove barriers to the capture, transportation and storage of carbon dioxide (CO2) 鈥 a key contributor to climate change. They will jointly conduct an annual workshop on CCS, and will cross-promote each other鈥檚 activities and achievements in an effort to raise awareness around the environmental and economic benefits that CCS can deliver.聽
鈥淲e are excited at the opportunity to work with our like-minded colleagues at the Global CCS Institute in a collaboration that is so aligned with our mutual objectives,鈥 said Mike Monea, president and CEO of the International CCS Knowledge Centre.聽
鈥淭his partnership will solidify the work of both organizations in tackling global greenhouse gas emissions and, ultimately, climate change. We are looking forward to jointly hosting our first annual symposium on CCS in Regina in the fall as one of the first initiatives under this MOU,鈥 Monea added.聽
鈥淭he CCS Knowledge Centre is an ideal body for our organization to align with, as its corporate supporters 鈥 SaskPower and BHP Billiton 鈥 and the province of Saskatchewan have all demonstrated an unwavering commitment to CCS,鈥 said Brad Page, CEO of the Global CCS Institute. 鈥淭his MOU forms a natural partnership that will further extend the reach of CCS and reinforce its standing as a key solution toward establishing a diversified, low-carbon emission economy.鈥澛