By Rigzone Staff
Canada’s Minister of Natural Resources, Jim Carr, announces that $21 million will be spent for 3 clean technology projects to reduce emissions in the oil and gas sector in Alberta.
Canada’s Minister of Natural Resources, Jim Carr, has announced that $21 million will be spent for three clean technology projects to reduce emissions in the oil and gas sector in Alberta.
The projects are being funded through Natural Resource Canada’s Oil and Gas Clean Tech Program, which received $50 million over two years toward technologies that reduce emissions from oil and gas.
“Canada’s oil sands companies are constantly evolving and innovating. Developing and adopting clean technologies creates jobs and will help Canada increase its global competitiveness for years to come,” Carr said in a government statement.
“Alberta is the energy and environmental leader the world needs for the twenty-first century,” said Alberta’s Minister of Economic Development and Trade Deron Bilous.
“That’s why we are working with the federal government and industry to find new ways to lower carbon emissions and operating costs in our oil and gas sector. Together, we are building a more diversified and resilient economy for the future — and making life better for Albertans,” he added.
Accelerating clean technology development is a key component of the Government of Canada’s approach to promoting sustainable economic growth and the transition to a low-carbon economy.