Canadian pulp and paper producers who invest in improved energy efficiency and environmental performance may qualify for funding from a new $1 billion (Canadian) Pulp and Paper Green Transformation Program. It intends to provide funding of 16 cents per liter of black liquor, up to a maximum program total of $1 billion. Eligible companies participating in the Green Transformation Program will be required to invest these funds over the next three years in capital expenditures that make improvements to energy efficiency or environmental performance on any pulp and paper mill in Canada, including mechanical mills.
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