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Clean Energy Fund

Brief description:

The Canadian government's Clean Energy Fund, announced in May 2009, allocated $650 million to be spent over 5 years on co-funding between three to five large-scale, integrated CCS projects that are at, or near, commercial scale. They also had to have a minimum total cost of $100 million and demonstrate that they had secured significant state funding commitments. The fund is now closed to proposals.

The fund was part of the government's Economic Action Plan 2009, which included measures to help the country meet its climate change objectives.


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