![](https://investorshub.advfn.com/uicon/170585.png?cb=1715106542)
Friday, March 15, 2013 12:03:16 AM
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!
Recent HWNI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:15:45 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM