InTAKE #2 IS NOW OPEN. The Emissions Reduction Fund covers up to 75% of eligible costs
The Government of Canada’s new $750 million Emissions Reduction Fund (ERF) will reduce greenhouse gas (GHG) emissions by providing financial support for oil and gas companies to adopt greener technologies and to help maintain jobs in the sector. Of the $750 million, the Program will offer up to $675 million to the onshore upstream and midstream oil and gas sector. The intention is to lower or eliminate routine venting of methane rich natural gas from conventional, tight and shale oil and gas operations.
Eligible Recipients
- Wells that produce oil or gas, or both
- Facilities that gather/transport oil or gas, or both
- Facilities that treat oil
- Facilities that process gas
- Facilities that store oil
Eligible Projects
- Upstream oil and gas production: including operations from the wellhead to the transfer of oil and/or gas into midstream gathering systems
- Midstream oil and gas: including operations such as gathering and pipeline transporting, processing, treating, storing, and/or marketing of oil, natural gas, and natural gas liquids
Eligible Expenses
- BOA or equivalent that is certified by an engineer registered in Canada
- Salaries and benefits of employees on the payroll of the Recipient for the actual time spent by the employees on the Project
- Professional, scientific, technical, management, data collection and contracting services
- Travel expenditures related to the Project, including meals and accommodation, based on rates in the National Joint Council Travel Directive
- License fees, data purchases, certification costs, permits, and fees associated with regulatory compliance and inspection for the implementation of this project
- Capital expenditures
- Material, supplies, and equipment, including leasing and rentals
- Overhead expenditures related to the conduct of the Project
- GST, PST or HST, net of any tax rebate to which the Recipient is entitled
Deadline
The request for proposals intake window #2 closes March 19, 2021. It is crucial to act fast to take advantage of this funding program.
