Mark Lowey

Oil and gas innovation network has yet to spend $80 million of federal funding for cleaner technologies

Mark Lowey
March 3, 2021

A pan-Canadian oil and natural gas innovation network has yet to spend the bulk of $100 million of federal funding on commercializing new, cleaner technologies, two years after Ottawa announced the funding and seven months after a contribution agreement was signed. The Clean Resource Innovation Network, which aims to produce the world's cleanest hydrocarbons, plans to announce details of its planned three technology competitions by end of March 2021.

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Other stories mentioning these organizations, people and topics
Organizations: Alberta Energy Regulator, Alberta Orphan Well Association, Canadian Natural Resources, Cenovus, Clean Resource Innovation Network, Environment and Climate Change Canada, Government of Alberta, Government of Canada, Imperial Oil, Innovation, Natural Resources Canada, Parliamentary Budget Office, Pembina Institute, Petroleum Technology Alliance Canada, Science and Economic Development Canada, Shell Canada, and Suncor
People: Joy Romero and Nina Lothian
Topics: abandoned oil and gas wells, Alberta budget 2021, breakthrough technologies to reduce GHG emissions, Canada's emissions-reduction targets, carbon capture and storage, cleaner hydrocarbons, decarbonizing oilsands industry, environmental footprint, federal Budget 2019, federal funding for oil and gas innovation network, federal funding to clean up oil and gas wells, fossil fuels, government policy to reduce GHG emissions, greenhouse gas emissions, greenhouse gas emissions intensity, intellectual property, investment in Canada's oilsands, key performance indicators, net-zero emissions, Norway's sovereign wealth fund, oilsands GHG emissions, oilsands industry, orphaned oil and gas wells, Shell's Quest project, Strategic Innovation Fund, technology commercialization, and technology levels

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