Public funds push carbon capture projects forward
Using taxpayer dollars, the federal government and fossil fuel companies are pushing forward carbon capture projects in Canada’s oil and gas sector.
Canada Growth Fund
Calgary company signs funding deal to turn trash into clean energy
A Calgary company proposing to use carbon capture and storage technology to create clean electricity from landfill waste has become the second to secure a carbon price backstop contract through the Canada Growth Fund.
Carbon capture deals stall out over price
The question of who should bear the financial risk for pricey carbon capture and storage projects has become a stumbling block slowing the technology's adoption in Canada.
Feds stand up for carbon capture even as Alberta project is cancelled over cost
Canada's energy minister is defending carbon capture and storage technology as both effective and affordable, after an Alberta power company walked away from a planned project and a study found that another project got public subsidies to cover more than three-quarters of its costs.
Feds backstop carbon price in first-of-its-kind deal
A Calgary carbon capture company has signed a first-of-its-kind carbon offtake agreement with the federal government, a significant milestone that some say could help unlock future private-sector investments in decarbonization projects.
Fiscal update more than a missed opportunity for climate action
We need significantly more money now and into the future to shift the economy away from the production and consumption of fossil fuels.
Nearly half the Canada Growth Fund will lock in carbon price contract guarantees
Finance Minister Chrystia Freeland used her fall economic update Tuesday to confirm that the fund – which she launched a year ago in the 2022 fall economic statement – would be the principal vehicle to deliver carbon contracts for difference.
A fossil fuel free clean electricity grid could be the best thing in Canada for our health
If ambitious regulations are put in place, a net-zero electricity grid will be within reach by 2035, with massive benefits for human health.
First Canada Growth Fund investment -- $90M in Calgary geothermal company
A geothermal energy company is the first recipient of funding from the Canada Growth Fund, the federal government's new $15-billion arm's-length public investment vehicle.
Clean electricity grid, tax credits will feature high in federal budget
Canada's push for a zero-emission electricity grid will get a significant funding boost in the federal budget on March 28, 2023, including with new tax credits expected to encourage the development of renewable power sources like wind and solar.
Climate group urges Ottawa to step up with home grown U.S. Inflation Reduction Act
As the federal government readies its spring budget, a climate group is urging Ottawa to pursue a "made-in-Canada" response to U.S. clean energy incentives.
With recession looming, Liberals’ mini-budget takes aim at inflation
Finance Minister Chrystia Freeland is getting tough on inflation even as the economy teeters on the brink of a recession, writes reporter and researcher Edward Ngai.
Budget 2022 creates Canada Growth Fund, to stimulate investment by businesses
The cash will come through existing dollars baked into the government’s fiscal framework.