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Alberta government 'green' program to provide $2 billion for public transit

The Alberta government recently announced a $4 billion “climate change” action plan designed to cut greenhouse gas emissions in half by 2050. The plan includes $2 billion to fund public transit improvements and expansions.

Under the Green Transit Incentives Program, or Green TRIP, the government will provide $2 billion to municipalities, regional entities, non-profit organizations and private-sector groups for various initiatives, such as purchasing transit vehicles, extending existing or adding new transit service, acquiring transit corridors, planning transit-oriented development projects, and constructing regional transit terminals and facilities.

Funds will be allocated on a project-specific basis, with no per-capita formula. The program’s aim is to “generate creativity and innovation, and to fund projects that will significantly reduce the amount of vehicles on roads,” according to the government.

Green TRIP is separate from the Public Transit Trust Fund established earlier this year.

Contact Progressive Railroading editorial staff.

More News from 7/10/2008