Sunday, 19 August 2018
Home arrow TF: Sustain. Tourism arrow Sustainable T&T News arrow Alberta oil industry gets eco-trust green bucks

Travel Deals to top Destinations. Get yours now

Alberta oil industry gets eco-trust green bucks PDF Print E-mail
User Rating: / 0

Prime Minister Stephen Harper has dipped into his Conservative government’s new eco fund for the second time in three days, announcing $155.9 million to help Alberta on the climate change front. Harper joined Alberta Premier Ed Stelmach in Edmonton on Thursday to announce funding from the new Canada ecoTrust for Clean Air and Climate Change, which will be included in the March 19 federal budget.

Both men were careful to reassure industry that the initiative to look for ways to reduce emissions could be done without harming the bottom line. The dedication of most of the money to a special task force will reassure the oil industry that new technology will not harm business. The remainder will also support a project in Edmonton designed to convert municipal waste into electricity and efforts to design a coal-fired electricity plant that releases almost no emissions will also be funded.

Harper announced that Steven Snyder, chief executive of TransAlta Corp., a Calgary-based power company that operates coal-fired plants in Alberta and elsewhere will head a new task force funded by the Canadian government and the province of Alberta. The aim of the task force is to study ways to capture and store greenhouse gases emitted by the province’s massive oil sands projects and a report is expected by November.

Alberta’s oil sands projects are considered one of the country’s largest sources of carbon dioxide emissions, and production from the region is expected to triple over the next decade.

The Alberta government introduced a bill on Thursday that would force large scale carbon dioxide emitters to cut their emissions intensity — the amount of the gas created per barrel of output — by 12 percent beginning this year.

The task force will look at methods of capturing carbon dioxide emitted by the oil sands and other big industries, then pumping it underground into aging oil fields, where it can help increase output.

Harper claimed the group will look at the “economic, technical and regulatory hurdles that lie in the road of large-scale implementation of carbon capture and storage.”

Reported: Canada to study greenhouse gas capture, PM pledges $156M in green funding for Alberta, Ottawa spends $155.9M to help Alberta oil industry go green

Read more at:
< Prev   Next >
at LinkedIN

Tag Clouds

abstract abstracts academic acceptance accepted access across activities address africa african agricultural agriculture already although america american among analysis animals approach april arctic argues around article associated author authors available become before below benefits better business canada capacity carbon center centre challenges change changes changing china chinese cities clear climate committee communities community companies conditions conference congress conservation considered consumption contact contributions copenhagen costs countries cover critical crops cultural culture current deadline decades december demand department destination destinations details develop developed developing development different director discussion display document domestic double during early earth economic economy education effects efforts email emerging emissions energy english environment environmental europe european event events every examines expected experience experiences farmers featured february field final finance financial focus following foreign forest forests format found further future global globalisation government governments green greenhouse groups growing growth guidelines health heritage higher homepage hospitality hotel human image impact impacts include includes increase increased increasing india indigenous industry information innovation institute interest investment invited issue issues january japan journal knowledge large largest latest least leisure level levels limited local major making management march marine market marketing markets mdash media medical meeting members might migration million nations natural nature north observation october offers often online operations opportunities opportunity order organic organization organizations pacific papers particularly people place planet planning please policies policy political population potential poverty power practices present presentation presentations presented private proceedings process production products professor program programme project projects proposals protection provide provides public publication published quality range recent reduce reduction references region regional regions registration related renewable required research researchers resource resources responsible results review right rights rising rural school science scientific scientists search sector security service services session sessions several share significant signs since small social society source sources south special species specific state states strategies strategy students studies submission submissions submit submitted support sustainability sustainable symposium system systems technologies technology theme themes think three through times title today together topics total tourism tourist tourists trade travel trend trends under union university urban using various visit visitors vital warming water website welcome where whether wildlife within without women words working world worldwatch worldwide young

Tag Cloud, Joomla Modul

Hotelclub Membership 125x125

HotelsCombined - Search and Compare Hotel Prices for any city - Search and Compare Hotel Prices for any city
City From
New York
 US$24 - Search and Compare Hotel Prices for any city - Search and Compare Hotel Prices for any city
Vegas Tickets