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.
By Clean Prosperity Director of Federal Government Relations Etienne Rainville and Director of Policy and Strategy Brendan Frank. Originally posted in The Hub. Since Confederation, unnecessary internal trade barriers have hindered Canada’s economy. Booze is a famous example, but these barriers bog us down in sectors as disparate as electricity, labour, and transportation, among others.
Originally posted in the Hill Times. Just before the holidays, the Canada Growth Fund landed a historic deal that could start positioning Canada as a competitive destination for big low-carbon projects, and pave the way for a wave of new investments. But to make that happen, governments need to get even more ambitious about guaranteeing
Originally posted in the Globe and Mail. Here’s the hard reality: The world will not be able to keep warming below 1.5 C, despite the significant progress at the COP28 climate conference, where countries explicitly called for a transition away from fossil fuels, among other significant measures. I don’t make this claim lightly. Missing the 1.5
Done poorly, contracts for difference could exacerbate tensions between federal and provincial / territorial governments around carbon pricing.
The government should conditionally purchase carbon credits in order to address the root imbalance between supply and demand.
Carbon contracts for difference can make carbon pricing work better.
Contracts for difference are a market-based approach to decarbonization that should resonate with conservatives
Hidden in last Tuesday’s federal budget was a policy decision that could generate billions of dollars in new investment and thousands of jobs.
