Canada to Announce Funding to Support Carbon Management Technologies in Alberta
OTTAWA, ON – The Government of Canada is set to announce funding to support the development and deployment of carbon management technologies in Alberta. The announcement is expected to be made on Friday, January 27, 2023, by the Minister of Natural Resources, the Honourable Jonathan Wilkinson.
The funding will be provided through the Clean Energy for Rural and Remote Communities (CERRC) program, which supports projects that reduce greenhouse gas emissions and improve energy efficiency in rural and remote communities. The program is part of the government’s commitment to investing in clean energy and climate action.
The funding will be used to support a number of projects in Alberta, including:
- A carbon capture and storage (CCS) project that will capture carbon dioxide from an industrial facility and store it underground.
- A direct air capture (DAC) project that will capture carbon dioxide directly from the atmosphere.
- A hydrogen production project that will use renewable energy to produce hydrogen, which can be used as a clean fuel.
These projects are expected to help reduce greenhouse gas emissions in Alberta and contribute to the government’s goal of achieving net-zero emissions by 2050.
The announcement of funding for carbon management technologies in Alberta is a positive step forward in the fight against climate change. These technologies have the potential to significantly reduce greenhouse gas emissions and help Canada meet its climate goals.
Additional Information:
- The CERRC program is a $2.25 billion program that supports projects that reduce greenhouse gas emissions and improve energy efficiency in rural and remote communities.
- The program is part of the government’s commitment to investing in clean energy and climate action.
- The government has set a target of reducing greenhouse gas emissions by 40% below 2005 levels by 2030.
- The government has also committed to achieving net-zero emissions by 2050.
Canada to Announce Funding to Support Carbon Management Technologies in Alberta
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