Innovation Anthology #561:
Alberta’s Climate Change and Emissions Management Corporation has just announced its latest found of funding for projects that reduce greenhouse gas emissions.
According to Kirk Andries, the Corporation’s managing director, this round is targeting research into cleaner fossil fuel production and processing.
KIRK ANDRIES: So the scope would include fossil fuel extraction, preparation, upgrading, refining and other processing including conversion to petrochemicals. And we’re looking for technologies that can drive down greenhouse gas emissions. We have $50 million available. An individual project contribution is capped at $10 million. And we’re looking at global participation in the marketplace here in Alberta. We have great people here in Alberta, but we don’t know everything. And we need to tap into the technologies and the work that’s being done in other places in the world. The condition, though, is that whatever technology is being proposed must have an application in Alberta.
Kirk Andries says the Climate Change and Emissions Management Corporation also funds a Grand Challenge. This is to find technology that will transform carbon emissions into an asset.
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I’M CHERYL CROUCHER
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Sponsor
Climate Change and Emissions Management Corporation
Program Date: 2013-05-30