$2 Billion Low-Carbon Economy Fund announced, but Saskatchewan headed in a different direction

On June 15, Canada’s  Federal Environment and Climate Minister announced  details of the  government’s five-year, $2-billion Low Carbon Economy Fund , to support the goals of  the  Pan-Canadian Framework on Clean Growth and Climate Change.  The Low Carbon Economy Fund consists of two parts: the larger, Leadership Fund of  $1.4 billion, for projects proposed by  provinces and territories that have signed on  Pan-Canadian Framework , and the Low Carbon Economy Challenge, which  will be launched in fall 2017,  to support projects submitted by all provinces and territories, municipalities, Indigenous governments and organizations, businesses and both not-for-profit and for-profit organizations.  As described in “’Only fair’: McKenna on excluding Saskatchewan, Manitoba from $2B carbon fund” , Manitoba and Saskatchewan must sign on to the Pan-Canadian Framework by December 2017 to be eligible to receive any funding .

geothermalA CBC report summarizes the response by Saskatchewan Premier Brad Wall – who states, “”If this fund, which Saskatchewan taxpayers have helped create, is really about reducing carbon emissions, how does withholding those funds for green initiatives in Saskatchewan help that objective?”  Saskatchewan objects to the carbon tax mandate of the Pan-Canadian Framework, and has directed its climate change fight to carbon capture and storage, and more recently, Canada’s first geothermal power plant.  The press release from SaskPower regarding the geothermal power purchase agreement is here. Read  this article from DeSmog blog for a wide-ranging description of Saskatchewan’s energy policy and the announcement of its geothermal plant.

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