New funding for Alberta biomass fuel projects; global biomass capacity to grow by 16%
December 16, 2020 December 16, 2020
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Alberta announces $150 million in funding for emission-cutting projects
The government of Alberta announced in early November it will provide $100 million in funding for Emissions Reduction Alberta’s (ERA) Shovel-Ready Challenge through the Technology Innovation and Emissions Reduction fund. An additional $50 million will also be available from the federal Low Carbon Economy Leadership Fund. Successful applicants are eligible for up to $15 million, and projects receiving funding must begin within 60 days of being approved and must include commercial demonstration or deployment of technologies in operational environments.