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Re: Ecomike post# 14936

Friday, 03/15/2013 12:03:16 AM

Friday, March 15, 2013 12:03:16 AM

Post# of 85927
More on the Canadian funding that MVTG has a serious shot at getting:



Funding for CCEMC is collected from industry. Since 2007, Alberta companies that annually produce more than 100,000 tonnes of greenhouse gas emissions are required to reduce their greenhouse gas intensity by 12 per cent against a 2005 operating baseline. Companies have three options to meet their reduction target: improve efficiency of operations, buy carbon credits in the Alberta-based offset system or pay CAD$15 per tonne into the Climate Change and Emissions Management Fund for every tonne they emit over their reduction limit.

Since 2010, the CCEMC has been funding projects all along the innovation scale from early stage R&D to deployment level projects that serve to reduce GHGs. By the end of 2012, the CCEMC was funding 43 innovative technology projects. They combine to reduce emissions by an estimated 8 megatonnes over 10 years — equivalent to removing about 1.6 million cars from the road.


Ambition with out knowledge is like ship in dry dock. Going nowhere fast!