May 6 2013
Senator Kelvin Ogilvie announced today that the Government of Canada will invest almost $6.9 million in three innovative clean energy projects in Nova Scotia.
These projects are included among 55 new innovative clean energy projects announced today by Prime Minister Stephen Harper, representing an investment of more than $82 million through the Government of Canada's ecoENERGY Innovation Initiative. The program was created to invest in new clean energy technologies that will create jobs, generate economic opportunities and help protect the environment.
"Through the ecoENERGY Innovation Initiative, our Government is investing in innovative clean energy technologies that create jobs, generate new economic opportunities and protect the environment," said the Honourable Joe Oliver, Canada's Minister of Natural Resources. "This program demonstrates our tangible support for energy projects that drive energy innovation."
Today's announcement includes investments of:
- $4,500,000 to the Carbon Capture and Storage Research Consortium of Nova Scotia;
- $756,236 to St. Francis Xavier University for carbon capture and storage research and development; and,
- $1,630,112 to Acadia University in Wolfville for research into reducing the cost of in-stream tidal energy.
"This investment is good news for Nova Scotia as we strive to position ourselves as a clean energy leader," said Senator Ogilvie. "New innovative clean energy projects, like those announced today, stimulate our local economy while helping protect the environment."
The ecoENERGY Innovation Initiative has received $268 million in funding over five years to fund research, development and demonstration projects that produce and use energy in a more clean and efficient manner.
Source: http://www.nrcan.gc.ca/