Le Registre des lobbyistes
| Objets | Détails | Catégories |
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Énergie, Environnement, Ressources naturelles, Impôts et finances
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CanGEA is advocating against legislative proposals that have been released to amend Bill C-59 with "preliminary work" provisions, which would largely exclude our industry from the Clean Technology Investment Tax Credit (ITC) by way of excluding drilling of wells.
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Proposition législative, Projet de loi ou résolution
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Énergie, Environnement, Ressources naturelles, Impôts et finances
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CanGEA is advocating for federal funding of a geothermal direct-use portfolio to assess the engineering feasibility of switching various industrial applications that require heat (which are usually on natural gas) to geothermal heat.
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Politique ou Programme, Subvention, Contribution ou autre avantage financier
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Énergie, Environnement, Ressources naturelles, Impôts et finances
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Seeking tax credit parity with the CCUS investment tax credit (ITC) in Bill C-59. Our industry may receive up to 30% via the Clean Technology Investment Tax Credit, whereas the CCUS ITC provides up to 60%. We are grateful for geothermal's eligibility under the Clean Technology ITC, though 60% would of course be preferred over 30%.
Furthermore, we may seek eligibility ammendments which currently exclude "any equipment that is part of a system that extracts fossil fuel for sale.” Geothermal projects that may co-produce hydrocarbons will still reduce net emissions and should not be excluded from the Clean Technology ITC entirely.
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Proposition législative, Projet de loi ou résolution
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CanGEA is the primary advocacy arm of the Canadian geothermal industry, pursuing policy outcomes that will incentivize investment, mitigate risk, and reduce red tape for our industry, supply chain, and stakeholders.
London Hillyer, Policy Lead
Date de la fin du dernier exercice financier complet : 2023-12-31
| Institution gouvernementale | Financement reçu au cours du dernier exercice financier | Financement attendu pendant l'exercice financier en cours |
|---|---|---|
| Affaires mondiales Canada (AMC) | 16 626,00 $ | Oui |
| Emploi et Développement social Canada (EDSC) | 4 713,00 $ | Oui |
Adresse :
PO Box 1462 Station M
Calgary, AB T2P 2L6
Canada
Numéro de téléphone :
587-703-7539