Province announces funding for 16 emissions reduction projects
New investments in emissions reduction projects will fund 16 projects in Alberta that the government says will cut almost seven million tonnes of emissions by 2030.
The province will use up to $176 million from the Technology Innovation and Emissions Reduction (TIER) system and federal Low Carbon Economy Leadership Fund (LCELF).
“Alberta continues to show leadership by using technology in practical ways to reduce emissions and combat climate change,” says Premier Jason Kenney in a news release. “These investments will help us grow our economy and pave the way to an even brighter future for all Albertans by building on Alberta’s strong foundation as a responsible and innovative energy leader.”
The province says large operations across sectors in Alberta are benefiting from the funding, including oil and gas, chemicals and fertilizers, cement and concrete, forestry and agriculture, electricity and manufacturing.