Calgary oil-sands executive joins U.S. cleantech long shot
Wednesday, October 27th, 2010
William Roach, until recently the chief executive of Calgary-based oil sands investor UTS Energy, has joined Khosla-funded cleantech hopeful Calera, which has developed a way to turn CO2 and other industrial emissions into cement and other building products. Specifically, it takes CO2 and seawater and turns it into calcium carbonate, or limestone, which is used as a feedstock for cement. Calera claims its process is carbon negative, because it not only uses CO2 as a cement-making feedstock, it also offsets the CO2 that would otherwise be used during conventional cement-making.
It’s an interesting move for Roach, who led UTS until its major oil-sands asset — its 20-per-cent stake in the Fort Hills oil-sands mining project in northern Alberta — was sold to France’s Total SA for $1.5 billion.

Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.