Western Economic Diversification Canada

Western Economic Diversification Canada

March 02, 2015 14:30 ET

Harper Government Supports Innovation in Clean Technology

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 2, 2015) - - Western Economic Diversification Canada

Today, the Honourable Michelle Rempel, Minister of State for Western Economic Diversification, announced a federal investment of $450,000 for the University of British Columbia (UBC) towards the commercialization of technologies that will support sustainability in the oil and gas industries.

Funding provided through the Western Diversification Program will be used to develop and commercialize equipment to convert by-products of the oil and gas industries into reusable materials, promoting sustainable resource development in Western Canada.

The equipment, which has been developed by UBC at a small scale, creates value from carbon dioxide emissions and wastewater generated by the oil and gas industries, provides an innovative approach to industry challenges, and creates significant economic opportunity.

Quick Facts

  • Commercialization of this equipment is expected to reduce Alberta's carbon footprint by over 1 million tonnes per year.
  • UBC's Chemical and Biological Engineering department conducts cutting-edge research in the fields of energy and fuels, natural resources, environment, health, and industry.
  • Canada is the world's fifth largest energy producer.

Quotes

"Our Government recognizes that Canada's oil and gas sector is a key part of our economy. This investment promotes the development and commercialization of technologies that will support responsible resource development, as well as create jobs and growth."

  • The Honourable Michelle Rempel, Minister of State for Western Economic Diversification

"This funding connects UBC research with industry. Our researchers are developing innovative technologies to reduce carbon dioxide emissions and wastewater from the oil and gas sector."

  • John Hepburn, UBC Vice President Research & International

Additional Links

Subscribe to news releases and keep up-to-date on the latest from WD. Follow us on Twitter at @WD_Canada.

The West Means Business.

IF THERE IS A DISCREPANCY BETWEEN ANY PRINTED VERSION AND THE ELECTRONIC VERSION OF THIS NEWS RELEASE, THE ELECTRONIC VERSION WILL PREVAIL.

Contact Information