Canada Funds Glencore Project, Slashes Carbon Pollution
Summary
Canadas pollution pricing system creates incentives for industries to reduce their greenhouse gas emissions, drives innovation and sustainable business practices, and fosters a cleaner, more environmentally responsible future.Through the Decarbonization Incentive Program, the Government of Canada returns a portion of the proceeds collected from the federal pollution price on large industrial emitters to support clean technology projects. This funding will enable eligible facilities to achieve greater energy efficiency, adopt sustainable solutions, and reduce their emissions to help build a lowcarbon world.Today, on behalf of the Honourable Steven Guilbeault, Minister of Environment and Climate Change, Marc G. Serr\xe9, Parliamentary Secretary to the Minister of Energy and Natural Resources and to the Minister of Official Languages, and Viviane Lapointe, Member of Parliament for Sudbury, announced funding of up to $11 million from industrial pollution pricing proceeds for Glencore Canada Corporation to replace diesel-powered machinery with battery electric-powered equipment at the Craig Mine Onaping Depth Project in Ontario. This project will reduce greenhouse gas emissions and heat generation caused by the diesel-powered equipment, providing workers and surrounding communities with a safer, cleaner, and healthier environment.By reinvesting pollution pricing proceeds in businesses, the Government of Canada is supporting their efforts to transition to lower-cost, renewable energy sources. Ultimately, this will benefit Canadians and communities across the nation, as cleaner air and reduced emissions contribute to improved health and well-being for all citizens.The Government of Canada remains committed to addressing climate change and recognizes the leadership role that industries play in driving meaningful environmental solutions. Through partnerships and projects like these ones, the Government of Canada can accelerate collective efforts to build a sustainable and prosperous future for all Canadians./Public Release.