Politics
Politics, Policy and Regulation of green tech in Canada

News Briefs

  • Northland Power acquires DeBu offshore wind project +

    Northland Power has completed the acquisition of the Deutsche Bucht (DeBu) offshore wind project from Highland Group Holdings Ltd. The Read More
  • New shore power system operational in Montreal +

    The City of Montreal is now able to reduce greenhouse gas emissions from cruise ships docked at the Alexandra Pier Read More
  • BioAmber to take full control of Sarnia plant +

    BioAmber Inc. has inked an agreement to purchase Mitsui & Co Ltd.'s minority stake in its Sarnia joint venture. The Read More
  • OCGC names new chief executive +

    The board of directors at the Ontario Capital Growth Corp. (OCGC) has appointed Steve Romanyshyn as its new president and Read More
  • Boralex closes financing for France wind farm +

    Boralex Inc. has closed a $67.9 million financing for the 30 MW Chemin de Grès wind farm in France. The Read More
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Stock Market

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The transition to a low-carbon economy (LCE) has started to take hold in Canada but there remains a lot of unanswered questions on how it will unfold. A recent paper from the Smart Prosperity Institute highlighted many of them. 

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.