CarbonQuest hopes the expansion will create more than 100 jobs over time in the city of Spokane Valley
OLYMPIA, WA – The Washington Department of Commerce today announced a grant of $ 350,000 to support the expansion of an innovative cleantech company that captures carbon emissions.
CarbonQuest, headquartered in the city of Spokane Valley, has developed a patent-pending technology called the Building Carbon Capture System that can capture, separate, liquefy, and store carbon that would otherwise be emitted into the atmosphere when a large building is heated. CO2 gas is converted into a liquid which can be used for making concrete blocks or used in wastewater treatment or e-fuels.
In Washington State, buildings are the second largest source of emissions after transportation. The Organization for Economic Co-operation and Development (OECD) reports that in large cities, building emissions range from 67% to 76% of the city’s total emissions.
“When we talk about buildings and net zero savings, this is the kind of technology that will get us there. And when we say Washington State is helping lead the way, it’s thanks to companies like CarbonQuest, ”said Lisa Brown, director of commerce. “These clean tech jobs are going to be created somewhere, and we want them here. “
Spokane County has created more than 4,000 green jobs in the past five years, a growth rate almost three times that of the entire Spokane area labor market (Source: O * NET).
CarbonQuest currently employs 12 people at its headquarters in Spokane Valley, with satellite offices in Seattle and New York. The Governor’s Strategic Reserve Fund grant of $ 350,000 to Greater Spokane Incorporated will support CarbonQuest’s plans to significantly expand its operations and footprint in early 2022. The cleantech startup hopes to achieve more than 100 high-paying jobs in the region. over time as demand increases with increasing effort. to decarbonize the economy.
CarbonQuest’s first BCC system is operational in a 378,000 square foot multi-family building in New York City. The company estimates that the technology will eliminate about 25% of the building’s total CO2 emissions.
“On behalf of the city, we are delighted that CarbonQuest is recognized and honored for their innovation,” said Ben Wick, Mayor of Spokane Valley. “Manufacturing and innovation have experienced significant growth in the Spokane Valley and we are delighted to see CarbonQuest’s footprint expand. “
“Our mission is to lead the quest for decarbonization, and it is a mission that aligns with the focus on climate technology innovation and the forward-looking vision of leaders in Washington State and Spokane. We are grateful for the partnership with Greater Spokane Incorporated and Commerce so that we can grow our team and take our business to the next level, ”said Shane Johnson, CEO of CarbonQuest.
“The momentum we’re seeing in our region around clean tech innovation and entrepreneurship is exciting,” said Gary Ballew, vice president of economic development at Greater Spokane Inc. “CarbonQuest’s expansion will deliver new opportunities to our workforce and we thank Commerce for providing this funding and working with us to recruit and retain promising employers who strengthen our region’s economic future.
Reducing emissions from buildings has been a major goal for Governor Jay Inslee and lawmakers. Washington state adopted a one-of-a-kind performance standard for clean buildings in 2019. Gov. Jay Inslee this week unveiled additional policies aimed at further decarbonizing the building industry.
In recent years, the clean energy and tech sector in the Spokane region has exploded. Urbanova, with help from the Commerce Clean Energy Fund, has helped put Spokane on the map with partners such as Avista, Washington State University and McKinstry and developments like Catalyst Spokane. More recently, Avista and McKinstry formed Edo, an energy services company that enables building-to-grid integration and grid decarbonization and is now part of the revolutionary South Landing eco-district.