Part of the LiveOAK Network

About Us:

We are a new media company publishing websites that focus on energy, the environment and sustainable living. By leading the conversation about green issues, LiveOAK aims to advance the principles of sustainability by making them meaningful and accessible to a mainstream audience.

Our Sites:

More Info:

More ↓

Canada Launches $730 Million Clean Energy Fund

0 by Timothy Hurst on July 9, 2009

rene_flag

Canadian officials just announced the launch of the Clean Energy Fund, which will invest $730 million in technology research, development and demonstration for cleantech projects.

Roughly three quarters of the commitment is for large-scale carbon capture and sequestration demonstration projects and about one quarter is slated for small-scale demonstration projects of renewable and alternative energy technologies.

"By investing in the Clean Energy Fundy, our government is encouraging new technologies now to help protect and preserve our environment for future generations," said Lisa Raitt, Canada's minister of Natural Resources. The additional stimulus, Raitt added, "creates high-quality jobs for Canadians at a time when they're most needed."

Image: René Ehrhardt

Renewable energy and climate change questions and answers

Category: Energy, Features, Investing & Finance, Policy & Economy, Start-ups | Tags: canada, carbon capture and sequestration, cleantech, renewable energy, stimulus

About the Author:

Timothy Hurst is the editor at Ecopolitology and Earth & Industry as well as the executive editor of the LiveOAK Media Network. He writes mostly about energy and environmental politics, clean tech, infrastructure and green business. When not reading, writing, or talking about environmental politics to anyone who will listen, Tim likes to ski, hike with his aging lab and get dirty in his Colorado veggie garden. Find Tim on Google+.