Start Date: 2024-12-07
End Date: 2024-12-13

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Marine Carbon Sequestration: Regulatory Gaps and Opportunities

The Standing Senate Committee on Fisheries and Oceans reviewed Canada's marine carbon dioxide removal potential, with Tom Heintzman of CIBC Capital Markets identifying river-based carbon removal as a promising area. The lack of regulatory frameworks for marine geoengineering was discussed, with existing projects like Planetary Technologies in Vancouver operating with scant oversight. Calls were made for strategic environmental assessments and a coordinated regulatory framework to support scaling and research. Dr. Paul Snelgrove advocated for integrating natural and geoengineering carbon removal pathways to mitigate potential environmental harm.

Sources: ['Transcripts: senparlvu.parl.gc.ca']