Canadian Government provides new funding to General Fusion
Summary
By 2100, Canadian industrys production and exports of fusion energy technology could provide up to $1.26 trillion in economic benefits to Canada. Additionally, fusion could completely offset 600 metric tons of CO2-e emissions, equivalent to more than 160 coal-fired power plants for a year. Because General Fusion is at the forefront of this technology, our decision to continue supporting the company will provide us with the tools we need to reduce greenhouse gas emissions and reach our climate goals. The game-changer commercial fusion machine features a proprietary liquid metal liner that is mechanically compressed by a high-powered piston. The company was founded in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders and technology pioneers.