Alberta launches giant C$1.4 billion “clean energy” push aimed at oilsands with pennies for bioenergy

December 6, 2017 |

In Canada, Alberta announced C$63 million of a C$1.4 billion push for “clean energy” will go towards bioenergy projects including biofuels and renewable electricity, while $440 million will go towards oil sands. Other funded programs include loan guarantees for renewable and energy efficiency projects and funding for innovation to reduce emissions across a range of industries. The program will funded from the new C$20 per metric ton carbon tax introduced earlier this year that will increase to C$30 next year.

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