ERA Invests $50 Million in Alberta Innovation Projects Targeting Emissions Reduction

Emissions Reduction Alberta (ERA), the provincial public agency responsible for investing in clean technology, has made significant investments to promote innovation and reduce greenhouse gas emissions. Recently, ERA announced it was investing nearly $51 million in funding to 16 Alberta innovation projects intended to 'cut emissions and grow the economy.'

The projects, worth an estimated $180 million in prospective value, aim to green traditional resource-based industries such as oil and gas, agriculture, construction, transportation, waste, electricity generation, mineral, chemical, and fertilizer development. Funded initiatives include FulcrumAir's unmanned drones for transmission line installation tasks and Mangrove Lithium's work on replacing emissions-heavy cement ingredients with lower-carbon lithium byproducts.

The 16 projects are expected to account for emissions reductions equivalent to 117,700 tonnes of CO2 by 2030, the equivalent of taking more than 39,000 cars off the road. ERA also reports that the combined projects will create roughly 1,556 person-years of employment.