The Watch
LATITUDE
A BIRD’S-EYE VIEW OF CARBON REDUCTION Wondering where carbon tax dollars went? Some of them went here, to the in-pit extraction process field pilot at Canadian Natu- ral’s Horizon Oil Sands, where the company is working to reduce emissions.
-photo courtesy Canadian Natural
CLEAN TECH PROJECT GRANT LOOKS TO SOLVE POLLUTION PAINS
gas emissions. “In fact, Canadian Natural's Horizon Oil Sands has reduced our (greenhouse gas) intensity by 31 per cent from 2012 to 2017. At today's production levels, that's equivalent to taking 665,000 cars off the road," he says. Also benefitting from the clean tech funding is Titanium Corp., which will receive about $45 million towards a technology that will allow it to recover valuable minerals while remediating oilsands tailings at the Horizon site. The company will receive an extra boost for the project from Emissions Reduction Alberta, adding an additional $10 million to its budget. “Our government supports clean technology projects that are helping companies extract resources using less water and less energy, while emitting less pollution. This is not just better for the environment—it’s a major competitive advantage that will create jobs and grow the economy,” says Amarjeet Sohi, Canada’s Minister of Natural Resources.
A Calgary energy company is getting an infusion of federal funding to support the development of clean technology projects in the province’s oil and gas sector. APEGA permit holder Canadian Natural Resources Limited is set to create to create lower-emission power at its Athabasca Oil Sands Project facilities with new steam turbine generator technology. The company will receive $22.3 million from the federal Low Carbon Economy Fund to support the project. As well, through the federal Clean Growth Program, Canadian Natural will receive $5 million to reduce transportation costs and emissions at its Horizon mine by developing an in-pit extraction process to separate oil sands ore into solids, water, and bitumen. Emissions Reduction Alberta, charged with reinvesting carbon tax proceeds, will provide $5.6 million from the provincial purse to support the project. Canadian Natural’s President Tim McKay, P.Eng., says the company is committed to reducing greenhouse
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