Alberta invests $10M in innovative biorefinery
LACOMBE, AB – It’s a substantial economic boost coming for the central Alberta region.
The provincial government announced Thursday that it is providing $10 million from the Technology Innovation and Emissions Reduction (TIER) fund through Emissions Reduction Alberta towards the building of a $45-million clean energy and organic fertilizer facility in Lacombe.
The Lacombe Biorefinery is billed as innovative facility that will create jobs, cut emissions and transform agricultural and plant waste. Provincial officials say the project will support up to 80 construction jobs and about 25 full-time jobs in Lacombe and Calgary, and that the facility will also cut about 40,000 tonnes of emissions each year – equivalent to taking about 8,500 cars off the road.
“The Lacombe Biorefinery is a leading-edge example of Alberta innovation in action,” said Environment and Parks Minister Jason Nixon. “The province is fast becoming a hub for projects that process waste while creating more value for key industries like livestock and farming, and substantially reduce emissions.”