IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 10 Mar 2016 | Removal date: open ended
Still in force

Financial grant

The Government of Alberta announced on March 10, 2016 that it has earmarked $10 million in revenue from the tax on greenhouse gases for a subsidy to Edmonton-based SBI BioEnergy. The firm is building a $20 million facility for a technology that reduces greenhouse gas emissions by creating a renewable fuel that can substitute for diesel. The subsidy is under the jurisdiction of the Climate Change and Emissions Management Corporation. SBI aims to produce 10 million litres of renewable diesel fuel annually, and the project will generate 35 jobs in the Edmonton region.

AFFECTED COUNTRIES

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AFFECTED SECTORS AND PRODUCTS

354 Chemical products n.e.c.
3826 Biodiesel and mixtures thereof, not containing or containing less than 70 % by weight of petroleum oils or oils obtained from bituminous minerals.
382600 Biodiesel and mixtures thereof, not containing or containing less than 70 % by weight of petroleum oils or oils obtained from bituminous minerals.

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