Company Directory - Technology Innovation and Emissions Reduction (TIER) fund
Company Details - Technology Innovation and Emissions Reduction (TIER) fund
Technology Innovation and Emissions Reduction (TIER) fund
WebsiteEdmonton, Canada
The TIER fund is managed by the province of Alberta, dedicated to providing grants for various emissions reduction projects across the province. It aims to support innovative technologies and strategies that help reduce greenhouse gas emissions while fostering sustainable economic growth.
CCI Score
CCI Score: Technology Innovation and Emissions Reduction (TIER) fund
43.18
5.37%
Latest Event
Policy Shift Threatens Carbon Revenue to TIER Fund
A consultation document from the Alberta government proposes allowing companies to opt out of the industrial carbon tax system, potentially reducing the revenue that funds the Technology Innovation and Emissions Reduction (TIER) fund. Although this policy move is driven by broader governmental objectives, the TIER fund itself remains committed to supporting emissions reduction projects and sustainable economic growth.
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DISSENTER
Technology Innovation and Emissions Reduction (TIER) fund is currently rated as a Dissenter.
Latest Events
- JUN162025
A consultation document from the Alberta government proposes allowing companies to opt out of the industrial carbon tax system, potentially reducing the revenue that funds the Technology Innovation and Emissions Reduction (TIER) fund. Although this policy move is driven by broader governmental objectives, the TIER fund itself remains committed to supporting emissions reduction projects and sustainable economic growth.
- MAY122025
On May 12, 2025, the Alberta government announced that under the TIER Regulation the price of fund credits will be indefinitely frozen at $95 per tonne of CO2e. This freeze, which departs from the planned annual increases, raises concerns about potential regulatory capture and easing of environmental stringency, possibly favoring large emitters at the expense of robust climate action.
-40
Regulatory Capture
June 6
The decision to freeze fund credit prices, thereby halting the anticipated gradual increase, may reflect regulatory capture. By keeping prices artificially low, the policy could enable large emitters to continue benefiting from a lenient pricing regime, undermining progressive environmental goals and potentially favoring corporate interests over public accountability.
Alberta Government Indefinitely Freezes Cost of TIER Fund Credits at $95 per tonne
- MAY102024
Emissions Reduction Alberta announced the 2024 Industrial Transformation Challenge, a $50 million funding competition sourced from the TIER Fund, aimed at accelerating the development and commercialization of innovative, emissions-reducing technologies in Alberta's industrial sectors.
+80
Business Practices and Ethical Responsibility
June 6
The funding competition promotes ethical business practices by supporting clean technology and sustainable industrial innovation. This action contributes to environmental justice and benefits marginalized communities by fostering green growth.
+85
Technology and Services Impact
June 6
By investing in breakthrough industrial technologies that reduce greenhouse gas emissions, the challenge underscores a commitment to leveraging technology for public good and sustainable progress, in line with progressive goals.
+80
Economic and Structural Influence
June 6
The challenge facilitates economic transformation by injecting funds into projects that can re-structure industrial practices towards sustainability. This strategic investment bolsters Alberta's competitive edge while promoting socially responsible growth.
- OCT172023
The Technology Innovation and Emissions Reduction (TIER) fund, managed by the Government of Alberta, announced a $40 million Emerging Innovators Challenge to support small and medium-sized enterprises in developing transformative emissions reduction technologies. The initiative aims to facilitate innovation and commercialization of clean technologies that contribute to a sustainable net-zero economy in Alberta.
+60
Public and Political Behavior
June 6
The announcement reflects a commitment to transparent public funding and strategic use of governmental resources to drive sustainable innovation. This transparent public investment supports democratic and environmentally progressive policies.
+65
Business Practices and Ethical Responsibility
June 6
By providing accessible funding and mentorship to SMEs, the fund supports ethical business practices, enhances corporate accountability, and empowers local innovation. This initiative promotes diversity in the business ecosystem while driving sustainable economic growth.
+70
Technology and Services Impact
June 6
The focus on advanced emissions reduction technologies underscores the fund’s commitment to fostering transformative digital and clean technology solutions. This initiative is pivotal for catalyzing sustainable change and reducing environmental impacts, thereby aligning with progressive, anti-authoritarian objectives.
- JUL012023
The Alberta government is directing $750 million from the TIER Fund to support projects that reduce carbon emissions, boost carbon capture technology, and create thousands of jobs, signaling a commitment to sustainable economic transformation and environmental progress.
+70
Business Practices and Ethical Responsibility
June 6
By committing funds to projects that reduce carbon emissions and foster green innovation, the TIER Fund demonstrates ethical responsibility and supports sustainable practices. This investment aligns with progressive values by promoting environmental justice and ultimately benefiting workers and marginalized communities.
Alberta empties TIER fund to invest in emission-reducing innovation
+60
Economic and Structural Influence
June 6
The allocation of such a significant amount not only supports green innovation but also stimulates job creation and economic activity. This structural investment is aligned with progressive economic transformation, reinforcing public good and resistance to policies that marginalize working communities.
Alberta empties TIER fund to invest in emission-reducing innovation
- NOV142022
On November 14, 2022, the Government of Alberta announced up to $50 million for the Industrial Transformation Challenge, with funds sourced from the Technology Innovation and Emissions Reduction (TIER) fund. This investment aims to accelerate clean technology innovation, reduce greenhouse gas emissions, and enhance the competitiveness of Alberta’s industrial sector.
+60
Economic and Structural Influence
June 6
The allocation of up to $50 million from the TIER fund for the Industrial Transformation Challenge reflects a proactive use of economic resources to foster innovative, low-carbon technologies in Alberta’s industrial sector. By promoting sustainable economic growth and supporting environmental initiatives, this action aligns positively with progressive principles and contributes to a reduction in dependency on fossil fuels, countering authoritarian practices that often favor regressive industrial policies.
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