Alberta invests in methane emission reduction research
The Alberta government is investing $15 million over five years for the Natural Gas Innovation Fund (NGIF) Accelerator’s Emissions Testing Centre program with the goal of testing new technologies, reducing emissions, and creating jobs.
Ideally, the funding will help more Alberta companies test technologies free of charge in both laboratory and live settings, attract investors and get technologies to market faster.
“We are a global leader in reducing methane emissions, and Alberta technologies are being used around the world. We are removing barriers so our talented startup companies can grow their good ideas, create jobs and support a sustainable oil and gas sector for generations to come,” says Minister of Environment and Protected Areas Rebecca Schulz.
According to provincial officials, Alberta has already reduced methane emissions from the oil and gas sector by 45 per cent since 2014, but new technologies and innovations are needed to continue reducing emissions while powering the world. For companies and startups, testing technologies and getting real-world data to move ideas from concept to commercial-ready use is said to be a major barrier.