QSA's Week in Oil & Gas (#2, 2024)
Canada invests in emissions reduction; Concordia University to lead energy research; new guidelines for sustainable investments.
Start Date: 2024-10-12
End Date: 2024-10-18
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Main Stories
Canada Invests $40 Million in Emissions Reduction Alberta
On October 17, 2024, Natural Resources Canada announced a $40 million investment in Emissions Reduction Alberta through the Green Industrial Facilities and Manufacturing Program. This federal funding is aimed at enhancing energy efficiency and reducing greenhouse gas emissions in Alberta's industrial sector. The initiative is part of a broader $50 million Strategic Energy Management for Industry (SEMI) program, which facilitates training in energy management and capital retrofits for industrial processes. An additional $10 million has been contributed by the Government of Alberta. This investment is anticipated to increase industrial competitiveness by lowering energy costs and supporting a transition to a net-zero future.
Sources: ['Announcements: www.canada.ca']
