FORT ST. JOHN, B.C – Northeast B.C energy projects are receiving a good chunk of the $166 million the province is investing through its third round of CleanBC funding.
The provincial government named the 25 funded projects on Monday— 13 of them are located in the northeast.
The new projects will support the adoption of cleaner technologies and reduce emissions in sectors, the province said.
The funding will reportedly total emissions reduction from the program to six million tonnes of carbon dioxide, equivalent to taking 130,000 cars off the road each year for approximately 10 years. The third round of projects are expected to reduce approximately 4.6 million tonnes of CO2e over the next decade, according to the province.
“This CleanBC program and the commitment of industry are creating greater opportunities to compete in a global economy that is increasingly seeking low-carbon products,” said George Heyman, Minister of Environment and Climate Change Strategy.
“By working with industry, we’re unlocking new investments in the province to significantly cut carbon pollution and support innovative, clean technologies to address the climate crisis and benefit communities.”
The projects are supported by $70 million in carbon tax revenues paid by industry, $74.5 million from industry proponents, and $22 million from governments programs.
Funded projects will support a wide range of clean technologies, including energy-efficiency improvements at pulp and paper mills, electrification of equipment in the mining and oil and gas sector using renewable energy, gas-capture systems at the Vancouver landfill and at oil and gas operations.
The CleanBC Industry Fund is part of the province’s plan to reduce emissions from industry, which includes aiming to eliminate all industrial methane by 2035, integrating emissions goals in the oil and gas royalty system, supporting electrification through BC Hydro, and helping all new industrial developments meet B.C’s climate targets in 2030 and beyond.