Federal Liberals boost funding for Clean Tech initiatives in the energy sector
Canada's Minister of Natural Resources Jim Carr announced $21 million in funding for "Clean Tech" projects related to lowering GHG emissions from the oil sands.
The projects are being funded through Natural Resource Canada’s Oil and Gas Clean Tech Program (aka the Energy Innovation Program), which has received $50 million over the past two years.
Approved projects include:
- InnoTech's carbon capture pilot
- Field Upgrading's partial upgrading technology
- MEG Energy's Enhanced Modified VAPour Extraction process, and
- Cenovus' Hot Solvent Extraction process.
Carr says Alberta's oil sands producers are "constantly evolving and innovating ... adopting clean technologies creates jobs and will help Canada increase its global competitiveness for years to come."
The federal government is no longer accepting applications for funding under the program.