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HomeNewsOther NewsProvincial federal government investing $60 million in emission decrease innovation

Provincial federal government investing $60 million in emission decrease innovation

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Alberta Legislature Building

By Jayson Taylor

Jul 12, 2023 | 2:05 PM

EDMONTON – The Government of Alberta is investing more than $60 million into advanced innovations that will lower emissions and increase financial efficiency for markets throughout the province. The statement was made online on Wednesday.

Alberta’s Emissions Reduction and Energy Development Plan intends to set the province’s course for cutting emissions and supporting jobs and reinforcing the economy. The federal government says that as a part of this strategy, the federal government is supporting tidy innovation and development to help in reducing worldwide emissions.

The province will support 14 brand-new tasks utilizing the Technology Innovation and Emissions Reduction (TIER) fund. If all tasks are effectively finished, they will lower a combined 700,000 tonnes of emissions by 2030 and include 1,700 jobs to the provincial labor force.

“This investment of over $60 million into 14 projects will reduce emissions and create almost 2,000 new jobs. When it comes to protecting the environment and growing the economy, Alberta leads the way through action,” Rebecca Schulz, who is the provincial minister of environment, said in a declaration on Wednesday.

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