Mr. Carley was appointed Vice-President, Business Development of CO2 Solutions on October 30, 2008. He joined the Company as Director, Business Development, in May 2008, to lead the Company's efforts to secure deployment, partnership and licensing arrangements for its technology. Mr. Carley's career spans more than 15 years of progressive experience in the areas of business development, corporate finance and mergers and acquisitions. Prior to joining CO2 Solution, Mr. Carley was Director, Development & Projects for Permolex International, L.P. a leading North American biofuels producer. Mr. Carley also spent several years in the venture capital industry with an Ontario-based private equity fund focused on active investments in renewable energy, pharmaceuticals, biotechnology and information technology.
Based in Quebec City, Canada, CO2 Solutions is commercializing a biocatalytic platform for the efficient capture, sequestration and reuse of carbon dioxide from power plants, oil refineries and other large sources of carbon emissions. CO2 Solutions’ process is an industrial lung which utilizes the powerful enzyme catalyst carbonic anhydrase which is responsible for the efficient management of CO2 in living systems. Supported by the Government of Canada, the Government of Alberta and several major energy companies, the technology is undergoing scale-up for the low-cost reduction of petroleum production emissions in the Alberta oil sands.