Pathways Alliance, a group of six Alberta oil sands producers, is making progress on a $12-billion carbon capture and storage project but is seeking more government funding.
Organization: Canadian Natural Resources Limited
The Short Report – Nov. 17, 2021: Ontario invests in research facilities, UOttawa launches centre for Black health, a win for BrainBox AI at COP26, and more
Ontario invests to attract and retain research talent, UOttawa launches the first Canadian research centre dedicated to studying Black health in Canada, Montreal’s BrainBox AI goes home a winner from COP26, and more.
Canada Pension Plan must divest from fossil fuels, new report argues
The Canada Pension Plan Investment Board, which manages the CPP’s $420-billion portfolio, should immediately divest from all fossil fuel holdings in response to the climate emergency and to reduce financial risk for current and future CPP recipients, says the lead author of a Canadian Centre for Policy Alternatives report.
Emissions Reduction Alberta launches $50-million program for innovative natural gas projects
The program supports clean technology projects that reduce greenhouse gas emissions and improve the industry’s competitiveness.
Calgary-based innovation network aims to make Canada world’s cleanest oil and gas producer
Clean Resource Innovation Network (CRIN) was allocated $100M in the federal budget, and is aiming to make Canada the world’s cleanest oil and gas producer.
B.C. clean tech firm Carbon Engineering secures $68M investment
The funding represents the largest-ever investment in “direct air capture,” a climate change mitigation technology that captures carbon dioxide directly from the atmosphere.
Innovation advocates argue for makeover to Canada’s R&D tax credit program
As Department of Finance Canada conducts an internal review of the SR&ED program, innovation advocates and business consultants say Canada’s largest funding program for incenting R&D by the private sector is “broken” and needs a major overhaul.
Expert panel debates effectiveness of direct R&D funding vs. SRED tax credits
The number of direct government funding programs in Canada aimed at increasing private sector R&D and innovation has tripled during the last three years, despite a lack of scientific evidence showing such support is effective.
Semi-finalists chosen for flagship Clean Growth Program
Innovative technologies for Canada’s oilsands industry are well represented in the semi-finalists announced for Natural Resources Canada’s flagship Clean Growth Program. They are competing for a share of NRCan’s $155-million investment, aimed at advancing clean technology R&D and demonstration projects in energy, mining and forestry. Eleven oilsands-related technologies being developed by various companies and organizations…