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
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 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
How to avoid creating incentives for provinces and territories to weaken rather than strengthen output-based pricing system
Done poorly, contracts for difference could exacerbate tensions between federal and provincial / territorial governments around carbon pricing.
How carbon contracts for difference can bring certainty to credit prices — without breaking the bank
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.
The American Inflation Reduction Act has opened big gaps between the incentives for low-carbon investment in Canada and the U.S., threatening our ability to compete in a world that is on a turbo-charged path to net-zero emissions.
We encourage the federal government to take bold steps in Budget 2023 to support the Canadian businesses that are innovating and shifting to compete in a low carbon world.
Whether or not you believe that humanity has an existential imperative to cut greenhouse-gas emissions hardly matters anymore.
Alberta faces a make-or-break moment for its industrial carbon pricing system.
A single tax incentive under consideration in Ottawa has the potential to create jobs, grow businesses and investment, and cut Canada's carbon emissions.