Rethinking linking: How to make interprovincial carbon credit trading stick
A coordinated approach to linking up provincial carbon credit markets can drive investment and emissions reductions with lower compliance costs
Latest Posts
What does the new trilateral carbon capture deal mean for the Clean Fuel Regulations?
As the federal and provincial governments carve a path forward on industrial carbon pricing, a parallel carbon market — operating under a policy called the Clean Fuel Regulations (CFR) — is gaining importance for low-carbon investment decisions, particularly for carbon capture projects.
Ottawa-Alberta deal is progress but needs more climate ambition
Michael Bernstein, President and CEO of Clean Prosperity, made the following statement: “Yesterday’s energy investment agreement between Ottawa and Alberta represents continued progress in realizing the federal-Alberta grand bargain on climate and energy policy. “The agreement has the potential to help grow Canada’s economy, diversify our trade, and reduce emissions, all while contributing to national
Federal-B.C. agreement upholds carbon markets and low-carbon economic growth
Clean Prosperity President and CEO Michael Bernstein made the following statement: “The Canada-British Columbia Cooperative Prosperity Agreement balances multiple critical objectives: economic growth, national unity, and emissions reduction. The future of Canada and B.C. depends on us succeeding at all of them. “The agreement explicitly upholds the power of strong carbon markets to attract low-carbon
What does the Alberta-Ottawa deal mean for the federal carbon pricing benchmark?
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.
What will it take to grow low-carbon investment from Canadian institutional investors?
Canada is poised to become a low-carbon energy powerhouse. One industry association found $200 billion in investment opportunities across a range of technologies, while Clean Prosperity showed that the 2025 federal-Alberta memorandum of understanding could unlock $90 billion in low-carbon investment. Canadian institutional investors have the potential to help accelerate Canada’s industrial decarbonization. What will
New federal nuclear energy strategy an important step in supporting provincial reactor buildout
Brendan Frank, Clean Prosperity’s Vice President of Policy, made the following statement: “The federal government’s nuclear energy strategy is an important step forward in strengthening Canada’s nuclear power sector and supporting provinces in expanding nuclear power generation. “It complements a broader strategy of electrification supported by the federal government and led by provinces. Ottawa is
Ontario must reform its carbon market to protect the steel sector and secure billions in at-risk capital
The Ontario government has an opportunity to help protect its critical steel industry as it struggles under the weight of steep U.S. tariffs. Targeted reforms to Ontario’s carbon market would ensure that the steel sector is rewarded for its transformational low-carbon investments and provide needed support for the industry during a period of intense financial
Pipeline benefits outweigh carbon costs in federal-Alberta climate deal
The financial benefits of new pipeline capacity will far outweigh the carbon costs outlined in last year’s federal-Alberta memorandum of understanding, according to new modelling from Clean Prosperity. In their agreement the two governments committed to add at least one million barrels per day in new bitumen pipeline capacity and increase the minimum effective carbon
How Canada can outcompete the U.S. for low-carbon investment
In this era of trade wars and geopolitical rupture, Canada has a unique opportunity to build its industrial base by attracting low-carbon investment away from the United States. That’s the message of “A Canadian Advantage,” a new report released today by Clean Prosperity and the Transition Accelerator. The report compares the incentives in Canada and
Canada’s nuclear expansion faces supply-chain and workforce risks
Canada’s plans to build new nuclear reactors could face major cost overruns and stalled projects if supply-chain and workforce bottlenecks are not addressed, warns a new report released today by Clean Prosperity. Canada has the opportunity to scale nuclear power as part of a broader effort to electrify its economy. There is room to more
Federal-Alberta MOU opens door to stronger interprovincial power grid
Strengthening interprovincial transmission between Alberta and its neighbouring provinces could enhance grid reliability, lower costs for consumers, and accelerate decarbonization, says a new Clean Prosperity report released today. The recently signed federal-Alberta memorandum of understanding (MOU) commits both governments to building a strong, integrated interprovincial transmission grid, representing the strongest political alignment on interties in
Federal-Alberta MOU can unlock $90 billion in low-carbon investment if governments follow through
The memorandum of understanding (MOU) signed last week by the federal and Alberta governments could unlock more than $90 billion in low-carbon capital investment and slash over 70 megatonnes of annual emissions within the province. Those are some of the key findings in Top TIER, a new research report released today by Clean Prosperity. The