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Canada’s Black Liquor Response: $1 Billion For Environmental And Energy Projects
July 1, 2009 By Pulp & Paper Canada
OTTAWA — The Canadian government revealed in June its $1-billion response to the U. S. black liquor tax credit. The Green Transformation Program intends to provide Canadian pulp and paper companies f…
OTTAWA — The Canadian government revealed in June its $1-billion response to the U. S. black liquor tax credit. The Green Transformation Program intends to provide Canadian pulp and paper companies funding of $0.16 per litre of black liquor produced during 2009, to be used for capital expenditures that make improvements to energy efficiency or environmental performance of any mill in Canada.
For further information and analysis, see “Out of the Red and Into the Black with Black Liquor Subsidies?”, page 7.
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