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Questerre Energy Corporation
Org Type
For Profit
Year Founded
1971
Project
Company
Financials
Customers & Partnerships
Primary Project Category:
Name of Project:
Year Project Originated:
Project Summary / Description:
The Carbon Storage Pilot Project aims to demonstrate Quebec’s potential for engineered carbon storage by developing injection and monitoring wells near Becancour. This $40 million initiative supports emissions reduction targets and lays the foundation for a circular economy and future low-emissions energy hubs.
How Project Affects Greenhouse Gas (GHG) Emissions:
['Replaces/avoids GHGs (e.g., projects that replace sources of GHGs, such as the burning of fossil fuels for electricity, heat, transport, or other energy uses)', 'Removes/stores GHGs (e.g., projects that capture, sequester, or otherwise enhance the "sinks" that accumulate and store GHGs)']
Impact on Underrepresented Groups:
Our Carbon Storage Pilot Project is designed to create inclusive opportunities in Quebec’s emerging low-emissions energy sector. We prioritize engagement with climate-vulnerable communities near the Becancour site, ensuring transparent communication and participation in decision-making processes. By fostering local partnerships, we aim to provide training and employment in technical roles such as monitoring, engineering, and environmental stewardship—fields where women, youth, and Indigenous communities have historically been underrepresented. Questerre actively promotes diversity within its workforce and supply chain by encouraging equal access to project-related jobs and internships. Our stakeholder engagement process includes outreach to Indigenous communities and local educational institutions to build capacity for future careers in carbon management and clean energy. These efforts help empower groups that are often excluded from climate innovation, ensuring they benefit from the economic and environmental advantages of the energy transition.
Website:
https://www.questerre.com
Mission Statement:
Making the impossible possible. QUESTERRE ENERGY is an energy technology and innovation company. It is leveraging its expertise gained through early exposure to low permeability reservoirs to acquire significant high-quality resources.
Sources of Past Funding:
Individual donations
Foundation grants
Corporate contributions
Government grants
Membership fees
Events and fundraisers
Earned income
Corporate partnerships
Bequests and planned giving
In-kind donations
Impact investing
Crowdfunding
Endowments
Bootstrapped
Equity
Debt
Carbon offsets or credits
Other (please specify)