energy
Alberta Puts $51 Million of Carbon-Price Cash Into 16 Projects
TIER money for drones, lithium cement, a hydrogen hub, and a Peace River carbon-capture build. 117,700 tonnes by 2030 if they work.
TIC Staff · September 1, 2026 · 1 min read
Emissions Reduction Alberta is putting nearly $51 million into 16 projects valued at about $180 million. The cash is TIER money, the industrial carbon price large emitters already pay. If the package works, ERA says it cuts 117,700 tonnes of CO2e by 2030, about 1,556 person-years of work, and roughly $250 million of GDP. "Every project announced today is an investment in Alberta's future economy," CEO Justin Riemer said.
The fattest cheque is $7 million to Svante Technologies for carbon capture at Mercer International's Peace River pulp mill, a plant ERA says could take about 500,000 tonnes a year. EnerPure gets $6.2 million to turn used motor oil into marine fuel. The County of Newell gets $5 million for a hydrogen hub in Brooks.
Calgary's FulcrumAir gets $1.5 million for electric drones that hang hardware on power lines instead of helicopters. Mangrove Lithium gets about $3.1 million to put a lithium-processing byproduct into cement. Qube Technologies gets $2.55 million to watch methane. Since 2009 ERA has committed about $1.22 billion across 368 projects.
The cuts are not booked. Some ERA bets have beaten the forecast. Others have missed. TIER is a production cost with a recycling bin. This round is that cost coming back as cheques to green the resource stack.