Environment & Sustainability
Paper Excellence receives major funding for emission reduction
February 2, 2022 By P&PC Staff
Paper Excellence has received $8.6 in provincial funding from the CleanBC Industry Fund.
CleanBC Industry Fund, a provincial government program, invests some portion of government’s carbon tax revenues into businesses that are working on emission reduction projects. The total funding amount being provided is over $70 million.
“This funding is being invested at four of our B.C. mills into projects that will reduce the mills’ greenhouse gas (GHG) emissions and improve efficiency,” said Graham Kissack, vice-president of environment, health and safety, and corporate communications. “Programs like the CleanBC Industry Fund are helping industry achieve British Columbia’s ambition for a low carbon future.”
With this round of funding, the program expects a reduction of emissions of 4.6 million tonnes of CO2 equivalent over the next decade.
The four Paper Excellence mills in B.C. where the funding will be used are Catalyst Crofton, Catalyst Port Alberni, Howe Sound Pulp and Paper and Skookumchuck Pulp. They employ over 1,500 people and economically contribute $2.25 billion annually.
“Separate from the economic impact these mills have in their local communities, our products are spearheading carbon reduction every day,” said Kissack. “Our paper and pulp products are made from a renewable resource that often displace existing plastic products.”
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