Ontario Teams Top International Competition to Fight Climate Change
Province Supporting Homegrown Climate Change Innovation
Three Ontario-based teams are semi-finalists in the Carbon XPRIZE, a global challenge to fight climate change through innovative projects.
The province has taken another step in the fight against climate change by supporting the Ontario-based teams. The Carbon XPRIZE is a $20 million international competition to develop new technologies to convert CO2 emissions from power plants and industrial facilities into valuable products like building materials, alternative fuels and other everyday items.
The Ontario semi-finalists include:
- CERT (Toronto): The team is producing formic acid, which is frequently used in food products as a preservative (led by Ted Sargent).
- Tandem Technical (Ottawa): The team is producing health supplements, toothpaste, paint and fertilizers (led by Jerry Flynn).
- Pond Technology's Carbon Cyclers (Markham): The team is producing biodiesel and solid biofuel (led by Peter Howard).
Investing in the fight against climate change is part of our plan to create jobs, grow our economy and help people in their everyday lives.
- There were 47 Carbon XPRIZE entries from seven countries, including twelve from Canada.
- Ontario has allocated up to $2.5 million to support competing Ontario-based teams. The funds are managed on behalf of the province through the Ontario Centres of Excellence (OCE), a Carbon XPRIZE partner.
- This support is part of the OCE’s $74 million TargetGHG fund. Integral to Ontario’s Green Investment Fund, TargetGHG is aimed at helping the province meet its greenhouse gas emission reduction targets by encouraging large industrial plants to adopt leading technology and supporting Ontario’s entrepreneurs in developing creative and new climate change solutions.
- Ontario Centres of Excellence is a provincial coordinator and member of the Ontario Network of Entrepreneurs that works with industry, academia and government to stimulate business-led innovation.
- Ontario’s environmental and clean technology sector is made up of 3,000 firms, employs 65,000 people, and is worth an estimated $8 billion in annual revenues and $1 billion in export earnings.
- Ontario is continuing to lead in the growth of the low-carbon economy through the province's Climate Change Action Plan, which will provide people and businesses with tools and incentives to accelerate the use of clean technology that exists today. Through this plan, the province will continue to reduce greenhouse gas pollution to fight climate change.
“I am proud of Ontario’s Carbon XPRIZE semi-finalists as these bright and hardworking researchers, engineers and scientists are on the frontline fighting climate change. Ontario is proud to support their work and we wish them the best as they develop ways to make our planet healthier for generations to come.”
“Congratulations to CERT, Pond Technology’s Carbon Cyclers, and Tandem Technical for making it to the semi-finals in the prestigious Carbon XPRIZE competition. Innovative ideas like these are helping Ontario lead the fight against climate change and transition to a low carbon economy. It is inspiring to see Ontario companies delivering the next generation of clean technology solutions that will help the world mitigate and adapt to climate change.”
“Innovation is leading the way when it comes to targeting and reducing greenhouse gas emissions, so it’s thrilling to see that three Ontario teams repurposing pollution into useful everyday products have been chosen as Carbon XPRIZE semi-finalists. In partnership with the Ontario government, Ontario Centres of Excellence looks forward to working with these companies as they progress in the Carbon XPRIZE competition.”
Dr. Tom Corr