About
The Fuel Innovation Fund, a subsidiary of ERA, is a registered Emissions Reduction Funding Program under Canada’s Clean Fuel Regulations.
It offers primary fuel suppliers a voluntary option to meet up to 10 per cent of their annual carbon intensity reduction requirements through contributions that are reinvested into Canadian clean fuel projects.
Since 2009, ERA has been a trusted leader in advancing clean technology, including investments supporting clean fuels—from Alberta’s first commercial-scale biogas facility to hydrogen-powered locomotives and renewable natural gas projects.
As an independent, arm’s-length corporation with strong industry and government connections, ERA brings proven experience and transparency to managing compliance funds that will be core to the approach taken by its subsidiary, the Fuel Innovation Fund.
The Fuel Innovation Fund builds on ERA’s legacy to scale up proven and near-commercial technology solutions that cut emissions, strengthen Canada’s economy, and maintain Canada’s energy leadership. While ERA’s investments will continue to be supported through Alberta’s Technology Innovation and Emissions Reduction (TIER) regulation, this seperate and distinct fund leverages federal Clean Fuel Regulations compliance dollars, ensuring measurable, near-term emissions reduction that help Canada meet its environmental targets.
By reinvesting compliance contributions into domestic projects, the Fuel Innovation Fund keeps capital in Canada, creates jobs, and accelerates clean fuel technology deployment. ERA’s historic approach to a rigorous, transparent program design and project review is embedded in the Fuel Innovation Fund and gives regulated entities confidence and supports innovators in bringing solutions to market, benefiting all Canadians.