The Ottawa Citizen is reporting that Ontario, Canada is pledging up to $650 million in provincial funding to develop green cars and other technologies in an effort to reduce greenhouse gas emissions.

 

Premier Dalton McGuinty outlined a set of parameters for enterprises looking to qualify for the funding. According to the Citizen, companies would have to “demonstrate they can secure jobs, reduce greenhouse gas emissions and help establish Canadian leadership in research and expertise.”

 

“We’re after clean cars, clean fuels, clean technology,” said McGuinty. “We’re saying to entrepreneurs ... come talk to us. If you can create more jobs and bring down greenhouse gases, we want to talk.”