Pumpjack Alberta prairies

Oil and gas emissions cap is the wrong policy at the wrong time

Clean Prosperity Western Director Adam Sweet made the following statement about the federal government’s draft regulations to cap emissions from Canada’s oil and gas sector, released today: “The federal government’s proposed emissions cap is the wrong policy. The new regulations couldn’t arrive at a worse time.” Adam Sweet, director for Western Canada, Clean Prosperity “The

New standardized carbon contracts a move forward for low-carbon projects

Today the Canada Growth Fund publicly released its strategy for offering carbon contracts to de-risk investment in low-carbon projects.  The strategy outlines the types of contracts the Growth Fund will offer, including a new commitment to offer standardized contracts to smaller projects, which could boost low-carbon investment across Canada.  Since launching in late 2023, the

Alberta Pexels credit Samuel Butikofer

Second carbon contract is a positive step, broader program needed

Clean Prosperity Executive Director Michael Bernstein made the following statement about the carbon contract for difference announced today between the Canada Growth Fund, Gibson Energy Inc., and Varme Energy Inc.  “The deal announced today is another positive step in the rollout of carbon contracts for difference to de-risk big low-carbon investments,” said Bernstein. “That’s what

Federal government’s ERP update is commendable, though may be too optimistic

Clean Prosperity Director of Policy and Strategy Brendan Frank made the following statement about the federal government’s 2023 Progress Report on the 2030 Emissions Reduction Plan (ERP), released today: “The progress report on the federal government’s 2030 Emissions Reduction Plan is an important accountability tool to ensure that we’re making progress in decarbonizing the Canadian

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