CHARLOTTETOWN, March 11, 2019 /CNW/ - Canadians are feeling the impacts and costs of climate change firsthand. By working together, we can take action on climate change in a way that benefits all Canadians. That's why the Government of Canada is working with businesses, cities and towns, Indigenous communities, universities, schools and hospitals to reduce pollution, improve our health, and make life more affordable.
Today, Sean Casey, Member of Parliament for Charlottetown on behalf of the Minister of Environment and Climate Change, Catherine McKenna, announced support for climate action by Enwave Energy Corporation. The Government is investing up to $3.5 million, subject to a formal funding agreement, to help Enwave Energy Corporation upgrade and expand a 35-year old system that uses waste to produce energy with a larger furnace, a heat recovery boiler, and controls to reduce air pollution. This practical solution will increase annual energy production, divert waste from landfill, reduce fuel oil consumption and lower emissions.
The funding comes from the Government of Canada's Low Carbon Economy Fund – an important part of Canada's climate plan. The Fund invests in projects that reduce carbon pollution, save money, and create good jobs in a clean economy.
Canada's climate plan puts Canada on track for the biggest reduction in carbon emissions in our country's history. The plan has over 50 measures including investing in clean energy and phasing out coal power, building public transit, and introducing a price on carbon pollution so that it is no longer free to pollute.
"Canadians across the country are coming up with innovative and affordable solutions to increase energy efficiency and reduce emissions, saving people money and creating jobs along the way. By investing in these projects, from coast to coast to coast, the Government of Canada is making sure we are positioned to succeed in the $26 trillion global market for clean solutions and to create good paying jobs today and for the future."
– Sean Casey, Member of Parliament for Charlottetown
- Enwave Energy Corporation, Prince Edward Island will receive up to $3.5 million in funding, subject to a formal funding agreement, through the Low Carbon Economy Challenge Champions stream.
- The company will upgrade and expand an existing waste-to-energy system that will divert an additional 23,000 tonnes of organic waste from the regional landfill, reduce landfill methane emissions, increase annual energy production, and reduce fuel oil consumption for the Charlottetown District Energy System.
- This project will support PEI's waste diversion, recycling and GHG reduction goals.
- According to Clean Energy Canada, the energy-efficiency measures in Canada's climate plan will help improve Canada's economy and environment between now and 2030 by creating 118,000 new jobs, boosting our GDP by $356 billion, and saving Canadian households an average of $114 a year. The economic benefits of energy efficiency are enormous for Canadians. Every $1 spent on energy efficiency generates approximately $7 of GDP.
- The Low Carbon Economy Fund is divided into two parts:
- The Leadership Fund provides up to $1.4 billion to provinces and territories to leverage investments in projects and programs that will generate clean growth and reduce greenhouse gas emissions to support the Pan-Canadian Framework.
- The Challenge provides over $500 million in funding to support projects that will leverage ingenuity across the country to reduce emissions and generate clean growth.The Challenge is being delivered through two streams.
- The Champions stream, valued at $450 million, was open to provinces, territories, municipalities, Indigenous communities and organizations, businesses, and not-for-profit organizations.
- The Partnerships stream, valued at $50 million, was launched on December 20, 2018, and is targeting smaller applicants, including small businesses, not-for-profit organizations, smaller municipalities, and Indigenous communities and organizations.
- Low Carbon Economy Challenge
- Low Carbon Economy Fund
- Pan-Canadian Framework on Clean Growth and Climate Change
SOURCE Environment and Climate Change Canada
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