Canadian government announces support for innovation in clean technology
by CM Staff
With funding, UBCO will work with manufacturing, mining and lumber companies in Western Canada to research how industrial waste can gain a second life
KELOWNA — The Government of Canada showed its commitment to supporting a green economy by announcing $1.9 million in funding to the University of British Columbia’s Okanagan campus (UBCO) to develop an innovation hub that will promote clean technologies that convert carbon-based additives and components into new, sustainable products.
Carbon-based materials have a number of applications, but most of these materials are derived from the mining, oil, and gas industries. Finding new, sustainable ways to create carbon-based materials from recycled products will help Canada lower its carbon emissions and reduce industrial waste.
With this funding, UBCO will work with manufacturing, mining and lumber companies in Western Canada to research how industrial waste can gain a second life as high-quality carbon products. One example is the conversion of carbon collected during the recycling process of heavy industry vehicle tires into battery electrodes that power electric vehicles. These new products have applications in both domestic and international markets and will open up new exporting opportunities for Canadian-made innovation.
Targeted action by the government to mobilize private capital will better position Canadian firms to bring their technologies to market, unlocking both the economic and environmental potential of the growing global clean technology market. This project will build British Columbia’s reputation in the clean technology sector. It also fosters a more inclusive economy by creating almost 50 well-paying jobs for underrepresented groups including women, youth and Indigenous students.
“I believe in the power of innovation and creativity as positive forces that can be harnessed to tackle economic and environmental challenges. By promoting a sustainable future and a thriving economy, the University of British Columbia Okanagan is aligning this project with the priorities of the Government of Canada. Together, we are showing our commitment to a country that provides opportunities and economic benefits to Canadians, while also ensuring the development of technologies that will lead to a cleaner, greener environment for future generations.” said the honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Western Economic Diversification Canada