in News Departments > New & Noteworthy
print the content item

Prime Minister Stephen Harper and Quebec Premier Jean Charest have announced that Canada's government intends to provide Quebec with C$349.9 million as part of a new Canada ecoTrust to support provincial projects that will result in reductions of greenhouse gas emissions.

According to the government officials, the Canada ecoTrust will be established using part of the anticipated 2006-2007 budgetary surplus. The resources for the initiative will consist of C$1.5 billion of new funding on a national basis, which will be contained in the upcoming budget and be part of the actions taken on the fiscal imbalance.

The Canada ecoTrust is intended to support projects identified in or building upon Quebec's 2006-2012 action plan for climate change. The funding supports a program to develop renewable energy sources in rural regions and technological research. As a result of this federal funding, the government anticipates 13.8 million tons of carbon dioxide will be reduced.

Canada ecoTrust will be available as soon as Parliament approves the budget, Harper and Charest add.


Trachte Inc._id1770
Latest Top Stories

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Renewable NRG_id1934
Canwea_id1984
Future Energy_id2008