Alberta’s government is investing over $60 million into a suite of technologies aimed at reducing emissions across industries, as part of the province’s Emissions Reduction and Energy Development Plan. The plan supports both job growth and emission reductions in Alberta.
The initiative will fund 14 projects via the Technology Innovation and Emissions Reduction (TIER) fund. These projects are expected to reduce combined emissions by 700,000 tonnes by 2030, while concurrently creating around 1,700 new jobs.
Minister of Environment and Protected Areas, Rebecca Schulz, affirmed on Wednesday Alberta’s commitment to both job creation and emission reductions.
“This investment of over $60 million into 14 projects will reduce emissions and create almost 2,000 new jobs,” she said.
While Prime Minister Justin Trudeau and the World Economic Forum focus predominantly on the fossil fuel industry’s role in climate change, the Alberta government, in contrast, has chosen to invest in technologies that aim to reduce emissions within these industries.
Beneficiaries of the funding span multiple industrial sectors. The projects range from piloting, demonstrating, or deploying technology within Alberta, including the production of battery materials for electric vehicles using Alberta’s bitumen and constructing a zero-waste, low-emissions fertilizer facility.
The government’s investment aims to position Alberta at the forefront of clean technology and industrial innovation. Whether the Trudeau administration and global forums will acknowledge Alberta’s approach and the potential it holds for both economic growth and emission reduction remains to be seen.
