HALIFAX, June 22, 2017 /CNW/ - Clean technology research and development creates good-paying jobs for middle-class Canadians, drives innovation and helps in the fight against climate change.
Canada's Minister of Natural Resources, the Honourable Jim Carr, today announced a $1-million investment in a tidal energy project led by the Offshore Energy Research Association (OERA).
The project, which aims to address knowledge gaps and challenges associated with tidal energy in Canada, received the funding from NRCan's Energy Innovation Program. The Province of Nova Scotia and OERA have each contributed $125,000 to the project.
Accelerating clean technology development is a key component of the Government's approach to promoting sustainable economic growth and to supporting Canada's transition toward a low-carbon economy.
Minister Carr made the announcement while visiting the Bedford Institute of Oceanography.
The Government of Canada continues to take important steps to support the Pan-Canadian Framework on Clean Growth and Climate Change and is committed to creating a cleaner environment for future generations by investing in clean technologies.
OERA is an independent, not-for-profit organization that funds and facilitates collaborative offshore energy and environmental research and development including the examination of renewable energy resources and their interaction with the marine environment.
"Knowledge is power when it comes to growing Canada's clean technology sector. This project is a great example of how our government is looking for better and cleaner ways to bring electricity to Canadians. When it comes to clean technology, Canada has the opportunity to be a true global leader — creating good, well-paying jobs for middle-class Canadians while helping meet our climate change goals."
Canada's Minister of Natural Resources
"Even as a developing industry, tidal energy has already launched new companies, created hundreds of jobs, and attracted hundreds of millions of dollars of investment to projects, research and development in Nova Scotia. Tidal energy has the potential to give us the clean, renewable energy we want while positioning our province as a technology and expertise leader in this field. Working with the Government of Canada on this project will only strengthen our international reputation.
Nova Scotia's Minister of Energy
"Understanding the challenges of creating a clean and renewable source of energy from the world's highest tides has been the focus of Nova Scotia's research community for many decades. The answers to fundamental questions around environmental impacts, how to reduce costs for technology and marine operations are critical to our collective success. By working collaboratively with academia, company and government partners we ensure the highest prospects for success, both here in the Bay of Fundy and ultimately in projects developed around the world with what we have learned."
Executive Director, OERA
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SOURCE Natural Resources Canada
For further information: Alexandre Deslongchamps, Press Secretary, Office of the Minister of Natural Resources, 343-292-6837; Media Relations, Natural Resources Canada, Ottawa, 343-292-6100, firstname.lastname@example.org