Listen Live

B.C. invests $35M in clean energy project fund

British Columbia is investing $35 million towards new clean energy projects, through the CleanBC Industry Fund. 

The fund invests part of B.C.’s industrial carbon pricing system into projects that reduce greenhouse gas emissions from large industrial operations. 

Businesses are eligible to apply if they have emissions over 10,000 tonnes of carbon dioxide equivalent per year and report their greenhouse gas emissions. 

The province said since launching in 2019, the fund has committed more than $368 million to 173 projects throughout B.C. It said those projects are expected to reduce more than 14 million tonnes of greenhouse gases over 10 years.

The latest data from the province show B.C. reported 65.6 million tonnes of greenhouse gases in 2022. 

The province said the CleanBC Fund has leveraged an average of two dollars in additional investment from industry and other partners for every one dollar invested. 

Applications for the 2025 funding round are open.

 A list of 2024 funding recipients is posted on the B.C Government’s website.

Emily Joveski
Emily Joveski
Emily Joveski is the provincial news reporter for Vista Radio, based in Victoria B.C. She has worked in radio for more than a decade, and was previously on the airwaves as a broadcaster for The Canadian Press in Toronto. When she's not at her desk, she might be found exploring Vancouver Island or loitering in a local book store.

Continue Reading

cfcp Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Comox issues reminder on payments amid Canada Post strike

The Town of Comox is reminding residents and businesses that payments to the town are still required by their due date, even while the Canada Post strike is ongoing.

B.C. could face wet fall due to La Niña

British Columbia could be in for a wet, rainy fall season as forecasters note an increased likelihood of a La Niña weather system developing this year.

Test from Ash – Post Drip

PostDrip 5 every 0.25

Point-in-time count reveals homelessness declining in Comox Valley

The point-in-time which was conducted in the Comox Valley in March to provide a snapshot of the area's homeless situation shows 218 people are experiencing some form of homelessness.

CUPW slams Canada Post’s latest contract offers as ‘new lows’ in strike standoff

The Canadian Union of Postal Workers said Canada Post’s latest contract proposals represent a major step backward.
- Advertisement -