Emissions Reduction Alberta (ERA) has committed $83 million funding to 12 innovative methane-reducing technology projects.
EDMONTON, ALBERTA--(Marketwired - July 7, 2017) - Emissions Reduction Alberta (ERA) has committed funding to 12 innovative methane-reducing technology projects. The projects have a combined value of more than $83 million, and are approved for up to $29.5 million in ERA funding. The projects target methane emissions monitoring, detection and reduction in the oil and gas, power generation, agriculture and forestry sectors.
"Achieving Alberta's goal of reducing methane emissions requires the development and deployment of new technologies," said ERA CEO Steve MacDonald. "The ERA-funded methane projects will help deliver the GHG reduction solutions that Alberta, Canada and the world need."
The new initiatives are the result of the ERA Methane Challenge, and were selected for funding through ERA's competitive process. ERA leveraged its investment to advance projects that will help industry meet the province's climate leadership objective to reduce methane emissions by 45 per cent by 2025. Read More