'Without a burdening carbon tax': Sask. investing over $25M into 13 emissions reduction projects
CTV
The provincial government says it will be investing more than $25 million into 13 industry driven emissions reducing projects through a special fund.
The provincial government says it will be investing more than $25 million into 13 industry driven emissions reducing projects through a special fund.
Known as the Saskatchewan Technology Fund, it was designed “in collaboration with industry partners to support market-ready technology, innovation and improvement projects while improving industry competitiveness by lowering emissions and costs,” a release from the province said.
The projects are expected to reduce over 4, 595,000 tonnes of carbon dioxide equivalent, the release said.
That will be done by reducing methane emissions from venting and flaring, upgrading equipment to enhance energy efficiency and deploying carbon capture and storage technologies, according to the province.
Some of the projects listed by the province included more than $1.6 million for Cameco to support the transition from diesel to electric power drilling equipment at the Cigar Lake uranium mine and over $2.9 million for Crescent Point to reduce flaring of associated gas at the company’s oil operations in the province’s southwest.
"By focusing on technology and innovation, we are ensuring that Saskatchewan takes a leadership role in environmental responsibility while remaining at the forefront of innovation," Environment Minister Christine Tell said in the release. "These projects demonstrate that Saskatchewan industries can thrive while reducing their carbon footprints, all without imposing the burdensome costs of a carbon tax."
Read about all 13 projects below:
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