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A green thumbs up to innovation fund

The Ontario Society of Professional Engineers applauded Queen’s Park’s plan to invest $74 million in cleantech innovation from the province’s Green Investment Fund to reduce greenhouse gas pollution by encouraging industry to adopt leading-edge techn

The Ontario Society of Professional Engineers applauded Queen’s Park’s plan to invest $74 million in cleantech innovation from the province’s Green Investment Fund to reduce greenhouse gas pollution by encouraging industry to adopt leading-edge technologies.

The OSPE said this aligns with their pre-budget recommendations to government, specifically to introduce a “holistic investment approach” by providing support through incentives to companies and entrepreneurs who bring these innovations to market.

“These announcements provide an excellent opportunity for engineers to be at the forefront of designing the technologies and planning the green economy that will make Ontario a leader in the global arena,” said OSPE’s CEO Sandro Perruzza in a Fegb. 17 statement. “Ontario’s engineers are involved in virtually every aspect of government initiatives to tackle climate change, providing the skills and capabilities to fuel and support these initiatives in their design, development, execution and management.”

The OSPE is cautioning government to consult and work with industry engineers before releasing any detailed plans on reducing greenhouse gases.

“Engineers and other professionals can provide this expertise,”said the group in a news release.

The Ontario Society of Professional Engineers (OSPE) is the self-described “voice of the engineering profession” and is separate from the Professional Engineers of Ontario.