InvestorsHub Logo
Followers 89
Posts 18574
Boards Moderated 0
Alias Born 10/08/2009

Re: None

Thursday, 10/18/2018 4:22:25 PM

Thursday, October 18, 2018 4:22:25 PM

Post# of 384
CGA Receives Broad Support for its Renewable Gas Funding Proposal to the Federal Government

OTTAWA, Oct. 18, 2018 /CNW/ - The Canadian Gas Association (CGA) has received broad support from stakeholders encouraging the Government of Canada to endorse CGA's federal policy proposal for a Renewable Gas Innovation Program. The proposal seeks a Federal Budget 2019 allocation of $750 million to support renewable gas project deployment, to facilitate technology commercialization, and to enhance federal laboratory renewable gas R&D capacity. To date, more than 35 letters of support have been sent to the Honourable Amarjeet Sohi, Minister of Natural Resources Canada.

To advance the discussion further and to educate Canadians about the role of renewable gases, CGA launched a social media campaign #CanadianRenewableGas via @GoSmartEnergy and LinkedIn. It includes factual information on renewable natural gas, hydrogen, and synthetic methane, and details on the role they can play in providing low-emission energy for Canada. We encourage participation in the campaign #CanadianRenewableGas and offer more information on our website.

Looking forward, natural gas has an important and growing role to play in Canada's long-term energy future. The National Energy Board forecasts that by 2040 natural gas will be the largest source of energy in Canada at 40 per cent of energy demand. With this demand growth, we see a significant opportunity to expand the Canadian renewable gas market.

Canada's extensive underground natural gas infrastructure and untapped renewable gas opportunity position us well to achieve CGA's May 2016 aspirational goals of 5 and 10 per cent RNG content by 2025 and 2030 respectively. However, in order to ensure success, sustained policy recognition and program support is required. Globally, more and more countries are recognizing the need for renewable gaseous energy solutions. For Canada, renewable gases offer a ready-now solution for reducing emissions from freight transportation, building heat, and industrial energy needs. By substituting just 5 per cent of Canada's gas supply with renewable gases, it would reduce GHG's by between 10 and 14 megatonnes.

Quotes

"Federal funding for the Canadian renewable gas market is a way to trigger the use of existing cost-effective energy infrastructure to meet emission-reduction targets. If the Government of Canada considers renewables a big part of
our energy future, renewable gases should be part of the plan. We encourage the Government of Canada to support this funding request in Budget 2019. "


Timothy M. Egan
President and CEO
Canadian Gas Association

"Canadian gas utilities are leaders in the effort to reduce emissions. Renewable gases offer a significant opportunity to do even more on that agenda, and CGA members hope the Government of Canada will commit the resources to work with us on it."

Steve Baker
President, Union Gas
Chair of the Board, Canadian Gas Association

"Canadian policy makers need innovative market tools to support their goals to reduce GHG emissions. Renewable gases are an untapped opportunity for Canada. Xebec has the knowledge and the technology solutions to play its part in Canada's renewable gaseous future. From hydrogen to converting biogas to renewable natural gas (RNG), a carbon neutral fuel, we have identified a niche that is both significant and relevant to greenhouse gas (GHG) reduction potential. What we need now is a federal commitment to get it done."

Kurt Sorschak
President & CEO
Xebec Adsorption, Inc.

"Pollution Probe believes the proposed federal Renewable Gas Innovation Program is in line with our view that the advancement of renewable gases, such as renewable natural gas (RNG), provides a substantial opportunity for Canada to reduce greenhouse gas (GHG) emissions, particularly from the transportation sector, while promoting economic growth for the country. We encourage the Government of Canada to support this initiative."

Steve McCauley
Senior Director, Policy
Pollution Probe

"Renewable natural gas plays a critical role in advancing Canada's clean, sustainable energy future. Federal funding is essential to enable this market in such a way that Canadians can learn, grow and demonstrate innovation and leadership."

Jennifer Green
Executive Director
Canadian Biogas Association

About CGA:
CGA is the voice of Canada's natural gas delivery industry and its members are distribution companies, transmission companies, equipment manufacturers and other service providers. Natural gas has a central place in Canada's energy mix meeting 34 per cent of the country's energy needs. Today more than 7 million customers representing well over 20 million Canadians rely on natural gas for heat and power in homes, businesses, hospitals and schools.

SOURCE Canadian Gas Association

For further information: Annik Aubry, Director, Communications and Social Media, Canadian Gas Association, 613-748-0057 ext.325 or 613-668-1128,