Canada to Make Funding Announcement to Advance Clean Fuels Sector
Ottawa, ON – January 6, 2025 – The Government of Canada will make a major funding announcement to support the advancement of Canada’s clean fuels sector.
The announcement will be made by the Minister of Natural Resources, the Honourable Jonathan Wilkinson, at an event in Ottawa on Monday, January 9, 2025.
The funding will be used to invest in research, development, and demonstration of new and emerging clean fuel technologies, including:
- Advanced biofuels
- Hydrogen
- Electric fuels
- Carbon capture and storage
The Government of Canada recognizes the critical role that clean fuels will play in reducing greenhouse gas emissions and meeting our climate targets. This investment will help to create jobs, stimulate economic growth, and position Canada as a leader in the global clean energy race.
Quotes:
“Canada has the potential to become a global leader in the clean fuels sector,” said Minister Wilkinson. “This investment will help us to develop and demonstrate new technologies that will reduce emissions, create jobs, and grow our economy.”
“The clean fuels sector is essential to Canada’s economic future,” said David Miller, President and CEO of the Clean Fuels Alliance. “This investment will help us to accelerate the development and deployment of clean fuels technologies, and create a more sustainable and prosperous future for Canada.”
Background:
- The Government of Canada has committed to reducing greenhouse gas emissions by 30% below 2005 levels by 2030.
- Clean fuels are an important part of Canada’s plan to meet this target.
- Canada has the potential to produce and use significant amounts of clean fuels, including biofuels, hydrogen, and electric fuels.
Additional Information:
- The funding announcement will be made at the Telfer School of Management at the University of Ottawa.
- The event will be live-streamed on the Natural Resources Canada website.
- For more information on the clean fuels sector in Canada, please visit the Natural Resources Canada website.
Canada to Make Funding Announcement to Advance Clean Fuels Sector
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