Alberta Announces Carbon Capture Incentives

 Calgary, Alberta – TheNewswire - December 1, 2023 – Delta CleanTech Inc. (“Delta” or the “Company”) (CSE:DELT), (FRA:66C), (OTC:DCTIF). 

On the heels of the recently announced Federal Government $7 billion of funding for Carbon Capture Projects, the Alberta Government announced its new program of a 12% rebate on the capital costs of carbon capture projects.  Alberta Premier Danielle Smith stated: “The incentive program is expected to help attract C$35 billion ($25.80 billion) in capital investment and cost the province between C$3.5 billion and C$5.3 billion.1”

Mr. Jeff Allison, Delta President commented: “The Carbon Capture space is getting well deserved attention with the Federal and Provincial Governments both moving forward with their carbon reduction programs. Delta and its clients are in a favourable position to take advantage of the roll out of many new anticipated carbon capture projects.”

To access the full news release by the Government of Alberta click here: https://www.alberta.ca/release.cfm?xID=89371EBE70B6A-DCCF-436D-38CCDD7DB6458807 

 Delta CleanTech Inc. is a 19-year ESG-driven, recognized global technology leader in CO2 Capture, Decarbonization of Energy, Solvent & Glycol Reclamation, Blue Hydrogen Production, and Carbon Credit Aggregation and Management. Delta continues to provide solutions to clients all over the world in sequestering, capturing, and reducing CO2 and through its affiliate, Carbon RX, is originating, validating, digitizing, and streaming Carbon Credits. 

For more information contact:

Jeff Allison, President

 Phone: 306‐352-6132E‐mail: jallison@deltacleantech.com

Forward Looking Statements This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which are based upon Delta’s current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information can be identified using forward-looking terminology such as "expect", "likely", "may", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. Specifically, this news release contains forward looking information relating to the Company’s design and build of future projects, anticipated federal funding, issuance of contracts, ability to successfully deliver on such contracts among others.

The CSE does not accept responsibility for the adequacy or accuracy of this release.

 1 https://www.reuters.com/markets/carbon/alberta-government-announces-carbon-capture-storage-incentive-program-2023-11-28/