To help make Canada into an energy superpower, the federal and provincial governments should reset their relationship on climate policy. A new vision paper from Clean Prosperity explains how. The paper recommends that the federal government cancel the oil and gas emissions cap and the Clean Electricity Regulations. Instead Ottawa should reach a deal with
Industrial carbon pricing incentivizes investment in Canadian industry.
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 report recommends changes that expand options for municipal investment
Clean Prosperity, firms and industry associations send open letter to provincial ministers of the environment.
The right policy mix can set Canadian industries up for success, even in the face of global decarbonization.
Alberta could miss out on billions of dollars in low-carbon investment if the province doesn’t fix a major problem with its carbon market, says a new report released today by Clean Prosperity. The Alberta carbon market is likely to face an oversupply of carbon credits before the end of the decade, which could further depress
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
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
Clean Prosperity's Nuclear for a Net-Zero Canada report offers solutions to the cost and policy uncertainty problems that are undermining nuclear's potential.
Expanding the carbon contracts for difference program could have a big impact on low-carbon growth. Fast follow-through will be key.
New modelling shows Canada could miss out on up to 33 megatonnes of emissions reductions per year by 2030.