Alberta invests $55M to boost tech innovation, lower emissions

Alberta's government is investing $55 million to help businesses develop new technologies that it say will reduce emissions, lower costs, and create jobs.

Alberta’s government is investing $55 million to help businesses develop new technologies that the province says will reduce emissions, lower costs, and create jobs.

The funding is being distributed into 15 different projects including Calgary’s Fish Creek wastewater treatment plant that is getting efficiency upgrades that have never been seen before in the province.

The province says $7.45 million in funding will help the city install a “second-in-Canada technology” to use thermal energy at the plant.

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“(The investment) will enable the city to upgrade the Fish Creek plant to keep up with rapid population growth,” says chief operating officer of Emissions Reduction Alberta (ETA) Heather Stephens. “Their new system will capture thermal energy from treated effluent to meet the additional heating capacity needed for the new infrastructure at the plant.”

Other projects benefitting from the cash infusion are found in the newsprint, cement, dairy and forestry sectors, according to the province:

In total, the projects are projected to reduce greenhouse gas emissions by 120,000 tonnes annually, to over 390,000 tonnes by 2030 and over 2.2 million tonnes by 2050.

The investment is also expected to generate about 1,600 jobs and add 270 million to Alberta’s GDP.