The Globe and Mail reports in its Monday edition that cash from Newfoundland and Labrador's offshore oil sector will be used to help the province pursue its green ambitions. The Globe's Emma Graney writes that the $100-million kitty launched last week, called the Green Transition Fund, stems from the West White Rose offshore oil expansion project. Cenovus Energy, Suncor Energy and Nalcor Energy agreed to the investment as part of the restructuring deal they struck with the province in May, 2022, which brought certainty to a half-finished project that had languished for two years. That deal also included an overhaul of the project's royalty framework. The annual payment into the green fund from West White Rose begins at $6-million in 2023, increasing to $12-million in 2033. The Globe says Industry, Energy and Technology Minister Andrew Parsons wants to see cash roll out the door as quickly as possible. Newfoundland and Labrador is aiming to reduce its emissions to net zero by 2050. The fund will provide support to projects for businesses, organizations, postsecondary institutions and industry associations to assist the province's transition to a green economy. Mr. Parsons says all ideas will be considered.