DEEP Earth Energy Production Corporation is going to build a geothermal power demonstration plant near Estevan in southern Saskatchewan. The province is putting $175 thousand into the project. The funds will be delivered over two years and will be used to purchase equipment and build the infrastructure needed to demonstrate the feasibility of geothermal power. The source is a 120 degree aquifer deep underground which the province says, has the potential to generate constant electricity while generating zero carbon emissions. DEEP estimates up to 500 megawatts of power might be possible. Initially, the project is expected to deliver five megawatts to SaskPower’s grid. The facility will be Canada’s first geothermal power plant.
Geothermal Power Plant Will be Canada’s First
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The Candian government wants the country’s banks to identify, in customers’ bank statements when they receive the carbon rebate, that it is labelled as such.
Environment Minister Steven Guilbeault says the lack of a clear identifier is contributing to confusion about carbon price rebates, so he is going to change the law if he has to in order to force the big banks to identify the carbon rebate by name when doing direct deposits.
The first rebate deposits in 2022 were labelled very generically, which meant recipients had no idea why they were getting the money.
T-D and B-MO have adopted the government’s requested “CdaCarbonRebate” entry, R-B-C and Scotiabank say they couldn’t make the change in time for the rollout, and C-I-B-C is still calling it “Deposit Canada.”