Alberta Legislature Building

By Jayson Taylor

Provincial government investing $60 million in emission reduction technology

Jul 12, 2023 | 2:05 PM

EDMONTON – The Government of Alberta is investing more than $60 million into cutting-edge technologies that will reduce emissions and increase economic performance for industries across the province. The announcement was made online on Wednesday.

Alberta’s Emissions Reduction and Energy Development Plan aims to set the province’s course for cutting emissions and supporting jobs and strengthening the economy. The government says that as a part of this plan, the government is supporting clean technology and innovation to help reduce global emissions.

The province will support 14 new projects using the Technology Innovation and Emissions Reduction (TIER) fund. If all projects are successfully completed, they will reduce a combined 700,000 tonnes of emissions by 2030 and add 1,700 jobs to the provincial workforce.

“This investment of over $60 million into 14 projects will reduce emissions and create almost 2,000 new jobs. When it comes to protecting the environment and growing the economy, Alberta leads the way through action,” Rebecca Schulz, who is the provincial minister of environment, said in a statement on Wednesday.

The goal of the TIER fund program is to help industrial facilities find innovative ways to reduce emissions and invest in clean technology to save money and to be competitive. Industrial facilities account for more than half of the provinces total emissions. The funding will support innovation across numerous sectors from agriculture to forestry to manufacturing and energy.

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The investment will help facilities with projects at various stages of development advance technologies to the next level. The 14 projects involve piloting, demonstration or deployment of technology within Alberta, to ensure that the province is on the forefront of emerging technologies.

Ways in which funding will be used include using Alberta’s bitumen to produce battery materials for EVs, capturing carbon from natural gas-fired turbines used in oil sands facilities, and constructing a zero-waste, low-emissions fertilizer facility that improves soil health and creates agricultural jobs.

Emissions Reduction Alberta has committed $910 million to 260 projects worth more than $7.3 billion that are estimated to cut around 40 million tonnes of emission by 2030.

Full details can be found here.