EDMONTON — Duncan Kenyon, Responsible Fossil Fuels Director at the Pembina Institute, made the following statement in response to today’s innovation investment announcement from the Government of Alberta.
“The highest value for innovation investments comes from zero-carbon technologies. It will be important to ensure dollars for oil sands innovation are invested in truly innovative technology, rather than incremental improvements.
“We are glad to see the Government of Alberta using revenue generated by the Climate Leadership Plan to drive clean technology innovation and deployment.
“Energy efficiency is a low-hanging fruit for emissions reductions and innovation but it is critically under-utilized. We are pleased to see support for energy efficiency in the form of loans, as this is a proven low-cost way to deploy energy efficiency at scale.”
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Contact
Communications Lead, Pembina Institute
587-585-4522
Background
Blog: Why governments are necessary for technological innovation development and deployment
Blog: Kick-starting energy efficiency in Alberta
Blog: Everybody wins with investments in smart zero carbon innovation