Politics
Politics, Policy and Regulation of green tech in Canada

News Briefs

  • H2O Innovation subsidiary lands new deals in US +

    H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the Read More
  • EDC offers new green bond +

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  • Capital Power moving ahead with New Frontier Wind +

    After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed Read More
  • General Fusion takes new step towards reactor design +

    Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion Read More
  • Federal, Ontario governments take big step in reducing diesel reliance in FN communities +

    The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step Read More
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Stock Market

The Ontario government is offering more money to support the development of alternative energy and conservation, bioproducts and new carbon capture and use technologies. The Low Carbon Innovation Fund was launched this week.

 

Funded from the proceeds of the province’s carbon market, the LCIF will have two streams. The first is a technology demonstration stream with a focus on supporting the development and commercialization of low carbon technologies in real-world testing. Expressions of interest for the demonstration stream are due September 22. 

The second is for earlier stage technologies with funds available for proof of concept or prototypes from Ontario companies or academic groups. The technology validation stream will be open for applications in the fall. 

"Research and innovation are critical to addressing the global challenge of climate change. The Low Carbon Innovation Fund will help our innovators advance their concepts, create jobs and lead to a cleaner, healthier environment and a better quality of life for Ontario families and people around the world,” said Reza Moridi, Minister of Research, Innovation and Science. 

Projects eligible for funding include new greenhouse gas emissions reduction technology that addresses a specific need, and projects that show a significant improvement to an existing GHG reduction technology solution.