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Benzinga
Benzinga
Business
Paula Tudoran

'Spotlight On Canada': Deep Sky's $40M DAC Hub Backed By Bill Gates Draws Global Carbon Tech Surge After Trump Fuels U.S. Climate Uncertainty

Climate,Change,Withered,Earth

Canadian climate startup Deep Sky is rapidly emerging as a leader in carbon removal after completing construction on what it calls the world's first test hub dedicated entirely to direct air capture technologies. Located in Alberta, the Alpha facility has secured contracts with eight companies from the U.S., Canada, the U.K., Germany, and the Netherlands, Reuters reports.

This surge in international demand, particularly from U.S.-based startups, follows renewed political uncertainty in the U.S. regarding federal support for climate initiatives, Reuters says. According to Deep Sky CEO Alex Petre, the shift in leadership in Washington has caused an unexpected wave of inquiries from American carbon tech developers now seeking more stable infrastructure abroad.

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