Officials from the University of Calgary announced Tuesday the organization had received a $75 million grant from the federal government.
The money from the Canada First Research Excellence Fund (CFREF) is ear-marked for the U of C’s Global Research Initiative in Sustainable Low Carbon Unconventional Resources.
According to the U of C, the goal of the initiative is to “dramatically reduce the impact of energy extraction and energy use on the environment.”
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“Our world-class team of researchers and scholars, in collaboration with the Southern Alberta Institute of Technology and our many partners in Canada and around the world, is developing new ways to transition to a safer, cleaner, and more secure energy future,” U of C president Elizabeth Cannon said in a news release.
“Calgary is Canada’s energy capital and a hub of clean energy technology and innovation,” she added. “This funding will help guide our country into a new age of sustainable energy and prosperity.”
The funding is part of a $900-million research announcement made by the federal government.
The U of C will work with the University of Alberta, which was also awarded $75M in CFREF funding for energy research, bringing a total investment of $150 million into the province.
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