Government of Canada supports climate action by Enwave Energy Corporation
CHARLOTTETOWN, March 11, 2019 /CNW/ - Canadians are feeling the impacts and costs of climate change firsthand. By working together, we can take action on climate change in a way that benefits all Canadians. That's why the Government of Canada is working with businesses, cities and towns, Indigenous communities, universities, schools and hospitals to reduce pollution, improve our health, and make life more affordable.
Today, Sean Casey, Member of Parliament for Charlottetown on behalf of the Minister of Environment and Climate Change, Catherine McKenna, announced support for climate action by Enwave Energy Corporation. The Government is investing up to $3.5 million, subject to a formal funding agreement, to help Enwave Energy Corporation upgrade and expand a 35-year old system that uses waste to produce energy with a larger furnace, a heat recovery boiler, and controls to reduce air pollution. This practical solution will increase annual energy production, divert waste from landfill, reduce fuel oil consumption and lower emissions.
The funding comes from the Government of Canada's Low Carbon Economy Fund ? an important part of Canada's climate plan. The Fund invests in projects that reduce carbon pollution, save money, and create good jobs in a clean economy.
Canada's climate plan puts Canada on track for the biggest reduction in carbon emissions in our country's history. The plan has over 50 measures including investing in clean energy and phasing out coal power, building public transit, and introducing a price on carbon pollution so that it is no longer free to pollute.
Quotes
"Canadians across the country are coming up with innovative and affordable solutions to increase energy efficiency and reduce emissions, saving people money and creating jobs along the way. By investing in these projects, from coast to coast to coast, the Government of Canada is making sure we are positioned to succeed in the $26 trillion global market for clean solutions and to create good paying jobs today and for the future." ? Sean Casey, Member of Parliament for Charlottetown
Quick facts
Enwave Energy Corporation, Prince Edward Island will receive up to $3.5 million in funding, subject to a formal funding agreement, through the Low Carbon Economy Challenge Champions stream.
The company will upgrade and expand an existing waste-to-energy system that will divert an additional 23,000 tonnes of organic waste from the regional landfill, reduce landfill methane emissions, increase annual energy production, and reduce fuel oil consumption for the Charlottetown District Energy System.
This project will support PEI's waste diversion, recycling and GHG reduction goals.
According to Clean Energy Canada, the energy-efficiency measures in Canada's climate plan will help improve Canada's economy and environment between now and 2030 by creating 118,000 new jobs, boosting our GDP by $356 billion, and saving Canadian households an average of $114 a year. The economic benefits of energy efficiency are enormous for Canadians. Every $1 spent on energy efficiency generates approximately $7 of GDP.
The Low Carbon Economy Fund is divided into two parts:
The Leadership Fund provides up to $1.4 billion to provinces and territories to leverage investments in projects and programs that will generate clean growth and reduce greenhouse gas emissions to support the Pan-Canadian Framework.
The Challenge provides over $500 million in funding to support projects that will leverage ingenuity across the country to reduce emissions and generate clean growth. The Challenge is being delivered through two streams.
The Champions stream, valued at $450 million, was open to provinces, territories, municipalities, Indigenous communities and organizations, businesses, and not-for-profit organizations.
The Partnerships stream, valued at $50 million, was launched on December 20, 2018, and is targeting smaller applicants, including small businesses, not-for-profit organizations, smaller municipalities, and Indigenous communities and organizations.
The "Europe Power Supply Equipment Market for Water Electrolysis: Focus on Application, Equipment Type, and Country - Analysis and Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering.
The Europe power supply equipment...
Cypress Creek Renewables is pleased to announce that Jeremy Wodakow has taken on the role of Chief Commercial Officer (CCO). In this expanded role, he will now oversee Cypress Creek Solutions, which manages the company's 2.2GW operating Fleet and...
In partnership with the Housing Authority of the City of Austin (HACA), The NRP Group celebrated the grand opening of The Markson, a 330-unit mixed-income housing development in Austin's coveted Barton Springs community. As a part of both...
We are pleased to announce the initial details of the "SusHi Tech Tokyo 2024" Showcase Program, which will take place in the Tokyo Bay area in April and May. The program will focus on providing visitors with experiences centered around "Sight,"...
In a survey conducted by Yokohama Convention & Visitors Bureau (hereinafter YCVB), many convention attendees expressed particular interest in Yokohama's culture, sightseeing spots, and local cuisine. In response, YCVB has developed eight new Yokohama...
Governance & Accountability Institute, Inc. (G&A), a leader in corporate sustainability consulting and research, is pleased to announce its 2024 Pathfinder Webinar...