EDMONTON, AB – Emissions Reduction Alberta (ERA) has a new edition of its Technology Roadmap to guide the direction of its investments and ensure it advances the right mix of short-and long-term technologies to help the province realize its environmental and economic goals.
ERA’s Technology Roadmap articulates the pathways that will enable Alberta to have a competitive economy that delivers sustainable environmental outcomes, attract investment, and is contributing to a prosperous, lower carbon world.
“The need for innovative technology solutions to achieve both economic prosperity and deep GHG reductions has never been greater. Our opportunity is to have a range of technologies deployed as quickly as possible. ERA is helping to making this happen.”Justin Riemer, CEO, ERA
The most significant change made to the TRM is the focus on cross-cutting technology areas of investment that can be adapted and deployed across numerous industrial operations, including:
- Carbon Sequestration
- Circular Economy
- Energy Efficiency
- Future Fuels
- Industrial Transformation
The latest edition is a result of multi-year planning, stakeholder engagement, and research into the technology needs and opportunities for Alberta’s future. It reflects the significant disruptions felt locally and across the globe, including economic challenges, shifting investor focus, global environmental and health events, and more.
The TRM contributes to and aligns with the broader innovation system around common environmental and innovation goals that result in meaningful GHG reductions and economic growth in Alberta and around the world.
“These are the technology areas we consider having the greatest potential impact on Alberta’s GHG emissions and economy as well as the most relevance for other jurisdictions and sectors. Investments in each of these areas will be critical to helping achieve provincial, national, and global 2030 and 2050 climate goals.”Justin Riemer, ERA, CEO
For more information contact:
Media Relations, Emissions Reduction Alberta
ABOUT EMISSIONS REDUCTION ALBERTA (ERA):
For more than 12 years, ERA has been investing revenues from the carbon price paid by large emitters to accelerate the development and adoption of innovative clean technology solutions. Since we were established in 2009, we have committed $830 million toward 230 projects worth $6.6 billion that are helping to reduce GHGs, create competitive industries and are leading to new business opportunities in Alberta. These projects are estimated to deliver cumulative GHG reductions of 40 million tonnes by 2030.