April 30, 2007

PEI to receive $15M share of federal clean air trust fund

OTTAWA, ONT-The federal government will provide $15 million in funding for Prince Edward Island as part of a $1.5-billion trust fund set up to support provincial and territorial projects to help reduce greenhouse gas (GHG) emissions and air pollutants. The trust fund for clean air and climate change is part of the $4.5 billion committed by the recent federal budget to environmental issues. Prince Edward Island's trust will be invested in initiatives that build on the province's established track record of activities in the areas of renewable energy research and development, energy efficiency and GHG emission reduction. The provincial government has indicated that it will use the funding to move forward on several projects. Some of these may include: support for homeowners to install renewable energy technologies and make their homes more energy-efficient; investment in renewable energy technologies and energy saving measures in government buildings; a program to introduce renewable energy demonstration projects in several Island schools; and a hydrogen fuelling station for the PEI Wind-Hydrogen Village.

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