Inversion Point Technologies, UPEI and WEICAN launch Research Project for Atmospheric Methane Mitigation through the PEI 2024 Climate Challenge Fund
Inversion Point Technologies Ltd.
Clean Air. Less Methane. One Technology.
(Nov 5, 2024) - Inversion Point Technologies is excited to announce they are a funding recipient for the Prince Edward Island Climate Challenge Fund program, and are launching an atmospheric methane removal research project in partnership with UPEI and WEICAN. The project aims to demonstrate an innovative way to supplement natural methane removal in the atmosphere.
“Methane is a greenhouse gas that is at least 28 times more potent than CO2 and a significant contributor to ground level ozone. Ozone impacts health and agriculture, and affects vulnerable communities disproportionately, and since methane removal is the second largest natural greenhouse gas removal process in the world, we see this project as a way to contribute to a cleaner, more resilient future” says Inversion Point CEO Scott Bell.
The project is now underway and will focus on demonstrating the viability of a broad, scalable solution to reduce atmospheric methane. This could table a new option for industries with unsolved methane emissions like energy and agriculture. It may even be used someday to help restore the atmosphere to a pristine, pre-industrial state, improving health and saving lives.
“I grew up with a sense of safety - a sense that big problems existed in the world, but that solutions were there and would be deployed on-time. Because of climate change, many kids today don’t get to feel that way. I want to raise a family someday with Net Zero greenhouse gas emissions, and without feeling like we are doing anything special. Atmospheric methane mitigation will add a missing piece to that puzzle" says Bell.
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Stay tuned for more updates as the project progresses!
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This project was made possible with financial support from the Government of PEI's Climate Challenge Fund (CC Fund) .The CC Fund aims to support the development of innovative solutions to the threat of climate change by empowering people of different backgrounds, experiences, and expertise, who work across sectors and in different communities throughout the Island, to contribute to climate action in PEI.