Environment Minister Shannon Phillips announces $100 million to kick-start new green transportation projects. Edmonton Tuesday, March 12, 2019.
Alberta is ponying up $100 million to kick-start new green transportation projects, including a truck that can drive long distances while delivering net-zero greenhouse gas emissions.
The truck project is being developed by the Alberta Motor Transport Association.
The province is funding 16 such projects that it says will create 114 new jobs while, in terms of GHG reductions, taking the equivalent of more than 530,000 cars off the road.
Another project will see the City of Edmonton test market a more cost-effective charging system to transition buses from diesel to electric. SOURCE
CALGARY – The federal and Alberta governments are pledging almost $90 million to fund clean technology developments at major oilsands producer Canadian Natural Resources Ltd.
The commitments are expected to result in a total investment of $415 million in three projects.
Ottawa and Alberta are pledging almost $90 million to fund clean technology developments at Canadian Natural Resources Ltd., Canada’s largest producer of heavy oil. Murray Edwards, left, Executive Chairman, and Steve Laut, centre, President of Canadian Natural Resources, prepare to address the company’s annual meeting in Calgary, Thursday, May 4, 2017. (JEFF MCINTOSH / THE CANADIAN PRESS)
More than half of the federal commitment of $72.3 million, about $45 million, will go to Titanium Corp., a company working with Canadian Natural on a technology to recover valuable minerals and residual bitumen while remediating tailings at the Horizon oilsands mine in northern Alberta.
An additional $10 million has been committed by Emissions Reduction Alberta, the provincial body in charge of reinvesting carbon tax proceeds.
Canadian Natural is also to receive $5 million in federal funds and $5.6 million from the province for its in-pit extraction process which aims to separate bitumen from oilsands ore in the mine before transporting it to the processing centre, thus reducing transportation costs and emissions. MORE