CO2 Solution Commends Canada-U.S. Agreement on Carbon Capture Collaboration

    CO2 Solution Commercializing Biomimetic Technology Solution for North
    American Carbon Capture Efforts

    TSX Venture Trading Symbol: CST
    Outstanding shares: 50,261,136

    QUEBEC CITY, Feb. 23 /CNW Telbec/ - CO2 Solution Inc. ("CO2 Solution" or
the "Company") announced today that it commends the joint announcement of
February 19, 2009 by Canadian Prime Minister Stephen Harper and United States
President Barack Obama of the establishment of a high-level Canada-U.S.
dialogue and collaboration on carbon capture and other clean energy
technologies. CO2 Solution believes it is positioned to provide its innovative
carbon capture technology in the future as a clean energy technology that
would fulfill the mandates of governments and industry on both sides of the
border for the continued utilization of abundant and secure domestic fossil
fuels without these fuels contributing to climate change.
    As described by Prime Minster Harper and President Obama, the agreement
"commits senior officials from both countries to collaborate on the
development of clean energy science and technologies that will reduce
greenhouse gases and combat climate change... It will advance carbon reduction
technologies." The announcement follows the statement by President Obama made
during an interview with the Canadian Broadcasting Corporation (CBC) on
February 17, 2009 that "...the extent that Canada and the United States can
collaborate on ways that we can sequester carbon, capture greenhouse gases
before they're emitted into the atmosphere, that's going to be good for
everybody. Because if we don't, then we're going to have a ceiling at some
point in terms of our ability to expand our economies and maintain the
standard of living that's so important..."
    The agreement also follows on the heels of significant government funding
recently committed for carbon capture development and demonstration, including
up to $1 Billion by the Canadian government as part of its 2009 Budget, and
$3.4 billion by the United States as part of the American Recovery and
Reinvestment Act of 2009.
    Based in Quebec, Canada, CO2 Solution has developed a patented enzyme
based technology for carbon dioxide (CO2) capture for carbon-intensive
industries such as the U.S. coal fired power sector and the Canadian oil
sands. The Company believes that its technology, when fully commercialized,
will allow large producers of CO2 to capture their emissions in a cost
effective manner and meet their requirements under developing carbon reduction
    Commenting on the agreement, Glenn Kelly, President & CEO stated "We
applaud both governments for their commitment to formal talks to jointly
advance carbon capture technologies as a solution to address greenhouse gas
emissions, while simultaneously enhancing the energy security position of both
countries. As a technology provider, we look forward to supporting this
dialogue in any way possible."

    About CO2 Solution

    CO2 Solution Inc. has developed a proprietary bio-technological platform
for the efficient capture of carbon dioxide (CO2), the most important
greenhouse gas (GHG), from power plants and other large stationary sources of
emissions. The Company's technology platform exploits the natural power of a
bio-catalyst (enzyme), carbonic anhydrase, which functions within humans and
other mammals to manage CO2 during respiration. CO2 Solution has successfully
adapted the enzyme to function within an industrial environment, and thus has
taken advantage of a biomimetic approach to CO2 capture based on millions of
years of evolution. The Company is commercializing its technology for coal
fired power generation, the oil sands and other CO2-intensive industries where
a low-cost capture solution is key to meeting climate change legislation in a
cost effective manner. Additional information is available at

    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein and accepts no responsibility for it.

For further information:

For further information: Annie Chiasson, Director, Corporate Affairs,
(418) 842-3456,;; Source:
CO2 Solution Inc.

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890