Canada’s industrial carbon pricing system delivers nearly $150 million in new support for dozens of innovative Canadian clean technology projects across provinces, originating from pollution proceeds

On March 21, 2025, Environment and Climate Change Canada announced that nearly $150 million from the Output-Based Pricing System (OBPS) Proceeds Fund is being used to benefit 38 projects from the Decarbonization Incentive Program. These projects focus on supporting clean technology and green energy development to reduce greenhouse gas emissions. Funding comes from the federal OBPS, returning money collected from heavy industry in provinces where the program applies.