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University of Calgary Gets $75M for Research into Reducing Oil and Gas Emissions

Wednesday, September 7, 2016

The federal government announced $75 million in funding for the University of Calgary on Tuesday, meant to go towards reducing the carbon footprint of unconventional oil and gas operations, including the oilsands and fracking.

It's part of a $1.5 billion bonanza for post-secondary institutions across the country aimed at supporting their research strengths. On Tuesday, $900 million was doled out to various schools.

"We want to make the most of Canada's scientific and research strengths, to invest in the areas where we really have the potential to dominate on the world stage," said Kent Hehr, Calgary Centre MP and the minister of Veteran Affairs.

The U of C money will be used to develop more efficient ways of getting oil and gas out of the ground, including reducing the energy and water used to extract oil, and reducing the scale of developments required for a single tight reservoir.

Also on the table is improving the efficiency of carbon capture and conversion as opposed to storage, that aims to lock CO2 away, and eliminating the release of CO2 altogether by developing new means of extracting energy from carbon fuels.

"Research conducted here will help ensure the development and use of these resources can be done in support of Canada's environmental goals," Hehr said to the crowd gathered at the U of C. (My Informs)

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