Millions announced in Alberta for 6 projects to reduce greenhouse gas
An oil sands facility seen from a helicopter near Fort McMurray, Alta., Tuesday, July 10, 2012. (Jeff McIntosh / THE CANADIAN PRESS)
The Canadian Press
Published Thursday, July 12, 2012 11:57AM EDT
Last Updated Thursday, July 12, 2012 10:51PM EDT
EDMONTON -- A non-profit corporation created by the Alberta government has announced $46 million for six projects designed to reduce greenhouse gas emissions.
The Climate Change and Emissions Management Corp. says the total value of the projects is $327 million.
The companies involved include Cenovus Energy, Husky Energy, Imperial Oil, Inventys Thermal Technology, MEG Energy, and N-Solv.
Alberta Environment Minister Diana McQueen says the projects show the province is working to reduce greenhouse gas emissions.
The $46 million comes from an account that is funded by companies that produce high levels of carbon dioxide.