After months of negotiations Alberta and Ottawa have agreed on a path forward for industrial carbon pricing. The May 15 implementation agreement is the start of rewriting the federal carbon pricing benchmark.
Originally published in The Globe and Mail: The memorandum of understanding signed last week between the federal and Alberta governments was promptly attacked by climate advocates as a betrayal of climate action in Canada. Chief among them was MP Steven Guilbeault, formerly a Trudeau-era environment minister, who called the deal a “serious mistake” and resigned
Originally published in the Calgary Herald. Monday’s First Ministers’ Conference in Saskatoon might be remembered as the moment Canadian politicians finally got on the same page about decarbonizing the energy sector. To realize the leaders’ vision of turning Canada into a low-carbon energy superpower, we now need the energy sector to step up. And we
Originally published in The Hub. Canada has a major economic opportunity in the global low-carbon economy, if it gets its climate and energy policies right. Those policies should be informed by principles like leveraging the ingenuity of markets and free enterprise, limited government, and respect for provincial jurisdiction. The following article is the latest installment
Originally published in The Globe and Mail. In business, as in politics, timing is everything. You can have the best project or policy plan, but miss the moment for action, and a winning idea is doomed to history’s dustbin. These moments can be rare and fleeting, especially when operating at the intersection of environment, economy
Originally published in The Hub. Canada has a major economic opportunity in the global low-carbon economy, if it gets its climate and energy policies right. Those policies should be informed by principles like leveraging the ingenuity of markets and free enterprise, limited government, and respect for provincial jurisdiction. The following article is the latest installment
By Benjamin Dachis, vice president, research and outreach and Adam Sweet, vice president, Western Canada Originally published in The Hub. Canada has a major economic opportunity in the global low-carbon economy, if it gets its climate and energy policies right. Those policies should be informed by principles like leveraging the ingenuity of markets and free
Originally published in the Calgary Herald. There’s been a flurry of big new carbon capture projects announced in Alberta in recent weeks, which is good news for the province’s growing low-carbon economy, and the investment and jobs that will come with it. Fueled by TIER — Alberta’s carbon credit market — this growth is good
Originally published in The Hub. Over the past year, the Ontario government has begun to lay out a vision for transforming how the province generates, stores, and uses electricity. This includes important investments in Ontario’s clean-energy future—investments that need to be followed with even more ambitious policy to grow the province’s low-carbon economy over the
To decarbonize our economy and hit our climate targets, we have to build a lot of low-carbon projects – fast. What’s needed now is for the federal government to follow through on its commitments to strengthen Canada’s industrial carbon pricing system.
Carbon contracts for difference help de-risk big low-carbon investments by guaranteeing the future value of carbon credits that projects depend on to generate revenue. They can help Canada compete for low-carbon investment. This article is an update on the current status of the federal government's carbon contracts for difference program.
With the upcoming provincial budget, Alberta has an opportunity to send a signal to the world that we are committed to becoming a diversified energy powerhouse, and our province is focused on winning the race to attract the investment needed in low-carbon energy that the world needs.
