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Deep Sky welcomes Quebec's Bill 17, which provides a legal framework for carbon storage to support the province's net-zero goals. The bill allows for the development of geological storage solutions and enables project developers to access federal tax credits for carbon capture, covering significant investment costs.

Deep Sky is developing projects in Thetford Mines and Bécancour, with the Thetford project alone representing over $2 billion in investment and the potential to create up to 12,000 jobs. Quebec has substantial geological storage capacity, positioning it as a leader in carbon removal. The bill aims to fill the regulatory gap that has previously hindered carbon removal efforts in the province.