Alberta government gives $1.4B funding for cleantech, low-carbon innovations

December 8, 2017 |

In Canada, the government of Alberta is putting $1.4 billion into five categories to create new jobs and reduce carbon pollution over seven years for clean tech innovation projects. The bulk of the funding comes from the Climate Leadership Plan, which recycles carbon levies back into Alberta industries to help them compete and grow their economy.

The new funding is part of Alberta’s response to recommendations from the Climate Technology Task Force and the Oil Sands Advisory Group – to expand and diversify markets available to Alberta energy producers and help ensure they continue to be global innovation leaders. As part of the funding, Alberta will be adjusting an existing Bioenergy Producer Program to provide grants only to dedicated biofuel-producing facilities. The funding allocates $63 million for bioenergy projects including biodiesel, ethanol, and biomass.

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Category: Policy

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