Investing in Alternative Energy

The province will invest over $32.6 million to help commercialize B.C.'s clean, alternative energy technologies, reduce greenhouse gas emissions, and create about 1,200 jobs in over 30 B.C. communities. New clean energy investments will come from two sources: over $22.6 million from the Innovative Clean Energy (ICE) Fund and $10 million to support the production of liquid biofuels with demonstrated low greenhouse gas emissions. The announcement was made at Lignol Innovations in Burnaby, which is receiving $3.4 million in provincial funding to produce cellulosic ethanol and other products from under-utilized forest resources, especially beetle-killed lodgepole pine.