Politics
Politics, Policy and Regulation of green tech in Canada

News Briefs

  • H2O Innovation subsidiary lands new deals in US +

    H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the Read More
  • EDC offers new green bond +

    Export Development Canada’s (EDC) latest green bond has been priced. Set at $500 million with a 1.8 fixed rate, the Read More
  • Capital Power moving ahead with New Frontier Wind +

    After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed Read More
  • General Fusion takes new step towards reactor design +

    Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion Read More
  • Federal, Ontario governments take big step in reducing diesel reliance in FN communities +

    The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step Read More
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Stock Market

Three of Canada’s largest cities and members of the C40 are calling on the G20 heads of state to deliver on commitments to address climate change. They say because the US has signaled its intention to withdraw from the Paris Climate Accord, it’s even more important the remaining nations stick to their resolve to take climate action.

Electric vehicle purchase subsidies can’t seem to get any love these days. First it was Canada’s Ecofiscal Commission concluding Quebec’s plan is simply a too expensive for reducing greenhouse gas emissions and now the Montreal Economic Institute (MEI) is adding to the literature criticizing these subsidies as not worth the investment.

MEI EV note image

With a first place for available funding and a second for early entrepreneurship, Canada has jumped three spots in a global cleantech ranking to hit the number 4 position. The 2017 Global Cleantech Innovation Index (GCII) was released this week by the Cleantech Group and WWF with support from other organizations.

There is one key message to take away from the various reports produced by Canada’s Ecofiscal Commission - carbon pricing must be the centerpiece of any action to fight reduce greenhouse gas emissions. The reason its many economists say is because it’s the most efficient and most cost-effective way to do it. Others say a well designed regulation can do exactly the same thing.

Canada’s Ecofiscal Commission argued in a report published on June 8 that there are policies government’s can implement that enhance the operation of a carbon pricing mechanism. But Mark Jaccard, an economist and professor at Simon Fraser University, argued in an ideal scenario, complementary policies are unneeded.