The federal government is investing $ 2.1 million in a technology company to develop and test a new electric valve system that could help reduce greenhouse gas emissions in the energy industry.
Calgary Center Representative Kent Hehr made the announcement Thursday at the Linear Motion Technologies Canada offices in Calgary.
“LMT Canada will oversee the design and development of a new electric vent valve actuator that could potentially replace the existing thousands of pneumatic valves currently in use across western Canada,” he said.
“This is important because these existing pneumatic devices account for about 20 percent of all methane emissions in our oil and gas industry.”
The aim is to reduce greenhouse gas emissions by up to 3.3 million tons in five years.
The project is financed from the Clean Growth Program.