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

A national strategy on zero-emission vehicles (ZEVs) will be in place by 2018, the federal government announced on May 26. The Liberals have created an Advisory Group to contribute to developing options for addressing the key barriers for greater deployment of battery electric vehicles, plug-in hybrids and fuel cell cars.

In introducing proposed regulations to reduce methane emissions from the oil and gas industry, the federal government said they will result in cleaner natural gas used to heat homes and more environmentally friendly gasoline.

On May 18, the federal government unveiled a part of a its carbon pricing plan. A levy on fossil fuels, the much talked about tax portion of the strategy, will go into effect as planned on January 1, 2018. The more complicated part, a cap and trade approach for large emitters, won’t come into force before 2019 because the government still has some things to work out.

McKenna2 image

Author, noted economist and former head of CIBC World Markets Jeff Rubin says the case for divesting from fossil fuel stocks, particularly oil sands companies, makes a whole lot of sense economically. At a Centre for International Governance Innovation event last week, he said putting the oil sands sector in the global context leads to only one conclusion - divest and do it now.

That the world is warming at a rapid pace as a result of human induced climate change is undeniable. Globally, carbon dioxide tops the 400 parts per million (ppm) level and is now rising at a rate 2.5 times faster than it did in the 1990s. This puts “us” in “uncharted territory,” according to Diane Saxe, the Environmental Commission of Ontario.