14:03:32 EDT Wed 15 May 2024
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Delta Cleantech Inc
Symbol DELT
Shares Issued 58,523,100
Close 2023-11-30 C$ 0.03
Market Cap C$ 1,755,693
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Delta Cleantech cheers Alberta's CO2 capture incentives

2023-12-01 09:56 ET - News Release

Mr. Jeff Allison reports

ALBERTA ANNOUNCES CARBON CAPTURE INCENTIVES

Delta Cleantech Inc. has noted that on the heels of the recently announced federal government $7-billion of funding for carbon capture projects, the Alberta government launched its new program of a 12-per-cent rebate on the capital costs of carbon capture projects. Alberta Premier Danielle Smith stated, "The incentive program is expected to help attract $35-billion ($25.80-billion (U.S.)) in capital investment and cost the province between $3.5-billion and $5.3-billion."

Jeff Allison, Delta president, commented: "The carbon capture space is getting well-deserved attention with the federal and provincial governments both moving forward with their carbon reduction programs. Delta and its clients are in a favourable position to take advantage of the rollout of many new anticipated carbon capture projects."

About Delta Cleantech Inc.

Delta is a 19-year ESG-driven (environmental, social, governance), recognized global technology leader in CO2 capture, decarbonization of energy, solvent and glycol reclamation, blue hydrogen production, and carbon credit aggregation and management. Delta continues to provide solutions to clients all over the world in sequestering, capturing and reducing CO2 and through its affiliate, Carbon RX, is originating, validating, digitizing and streaming carbon credits.

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