The Financial Post reports in its Wednesday, June 12, edition that Gibson Energy is proposing to use carbon capture and storage technology to create clean electricity from landfill waste. A Canadian Press dispatch to the Post reports that Gibson is the second company to secure a carbon price backstop contract through the Canada Growth Fund. Gibson is developing what would be Canada's first waste-to-energy facility with carbon capture technology. The Alberta facility would divert solid waste otherwise headed to the City of Edmonton's landfill and incinerate it to create electricity. Carbon capture technology at the site would trap the greenhouse gas emissions produced as part of the process, ensuring none enter the atmosphere. Gibson said Tuesday it has reached a deal with the $15-billion federal Canada Growth Fund that will help it accelerate the development of the project. Under the terms of the deal, Gibson would own 50 per cent of the project, while the Canada Growth Fund would have a 40-per-cent interest. Varme Energy, the Canadian subsidiary of Norwegian-based Varme Energy AS, will be involved in the development and construction of the project and will own the remaining 10-per-cent interest.