Incentives for industries to reduce their greenhouse gas

eAwazLocal News

Gatineau – Canada’s pollution pricing system creates incentives for industries to reduce their greenhouse gas emissions, drives innovation and sustainable business practices, and fosters a cleaner, more environmentally responsible future.

Through the Decarbonization Incentive Program, the Government of Canada returns a portion of the proceeds collected from the federal pollution price on large industrial emitters to support clean technology projects. This funding will enable eligible facilities to achieve greater energy efficiency, adopt sustainable solutions, and reduce their emissions to help build a low‑carbon world.

Steven Guilbeault, Minister of Environment and Climate Change, Marc G. Serré, Parliamentary Secretary to the Minister of Energy and Natural Resources and to the Minister of Official Languages, and Viviane Lapointe, Member of Parliament for Sudbury, announced funding of up to $11 million from industrial pollution pricing proceeds for Glencore Canada Corporation to replace diesel-powered machinery with battery electric-powered equipment at the Craig Mine Onaping Depth Project in Ontario. The fully implemented project will result in a reduction of over 5,500 tonnes of greenhouse gas emissions in 2030.

When using diesel-powered machinery in a mine, fresh air must be provided to the workplace by a ventilation system to ensure pollutants from diesel combustion do not build up to harmful levels, and to cool the workplace. This project will reduce greenhouse gas emissions and heat generation caused by the diesel-powered equipment, providing workers and surrounding communities with a safer, cleaner, and healthier environment.

By reinvesting pollution pricing proceeds in businesses, the Government of Canada is supporting their efforts to transition to lower-cost, renewable energy sources. Ultimately, this will benefit Canadians and communities across the nation, as cleaner air and reduced emissions contribute to improved health and well-being for all citizens.

The Government of Canada remains committed to addressing climate change and recognizes the leadership role that industries play in driving meaningful environmental solutions. Through partnerships and projects like these ones, the Government of Canada can accelerate collective efforts to build a sustainable and prosperous future for all Canadians.

“Every sector of Canada’s economy needs to contribute to the climate fight by reducing carbon emissions. It is the right thing to do for our health, the health of our planet, and the health of Canada’s economy. Through the Decarbonization Incentive Program, we are empowering Canadian corporations to lead the way in fighting climate change. This investment in Glencore Canada Corporation’s project to cut pollution demonstrates the Government of Canada’s commitment to fostering innovative climate solutions and collaborating with Canada’s industrial sectors as we build a low-carbon world. Together, we can create a cleaner, healthier, and more prosperous future for all Canadians, including our children and grandchildren.” – Steven Guilbeault, Minister of Environment and Climate Change