Carbon capture CEO says critics ‘told me I was crazy,’ hopes Alberta project proves them wrong

Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-09-17 11:00:33.0
Tags: [Alberta, Energy, Environment, Climate, Technology, Taxation]

Montreal-based Deep Sky Corp. operates its Deep Sky Alpha direct air capture facility near Innisfail, Alberta, where it pulls carbon dioxide from the air, stores it underground, and sells offset credits to corporations such as TD Bank Group, Microsoft Corp., and Royal Bank of Canada. U.S.-based GE Vernova Inc. is partnering with Deep Sky to install a machine designed to capture up to 1,500 tonnes of carbon annually by late 2026. The capital projects and equipment are supported by a federal refundable tax credit covering up to 60 percent of eligible direct air capture spending through the end of 2035.