The Globe and Mail reports in its Thursday edition that leaders in Canada's nascent carbon-removal industry have joined with several corporate and financial backers as well as the federal government in a bid to attract $100-million in project investments by 2030. The Globe's Jeffrey Jones writes that the effort, called the Advance Carbon Removal Coalition, seeks to position the country as a top global player in such technologies as direct air capture, biomass carbon removal and direct ocean capture -- all designed to extract carbon dioxide, or CO2, from the atmosphere for storage deep underground. The organizers aim to help establish networks to draw capital from a range of domestic and international investors for projects across the country, and increase demand carbon credits. Carbon Removal Canada, a non-profit group, is leading the effort. The financial and corporate partners include Bank of Montreal, Royal Bank, ClimeFi, NorthX, Shopify and Vancity, which have collectively contributed $75-million in financing to the industry to date. Meanwhile, the federal government has designed a regulatory and policy framework to support the development of projects, including industrial carbon pricing and investment tax credits.