Clean power is the ace up Canada’s sleeve - as long as we don’t waste it
Jason Dion is the senior research director at the Canadian Climate Institute. Rachel Doran is the director of policy and strategy at Clean Energy Canada, a think tank at Simon Fraser University.
The global transition away from fossil fuels is accelerating, and Canada’s newly announced Clean Electricity Regulations andframework will help ensure the country successfully navigates that transition while protecting affordability and grid reliability. Already, the U.S. and European Union are collectively investing trillions in cleaner industries to secure their place in this new trade order. Luckily, Canada has a clean industrial ace up its sleeve that many of our competitors do not: clean power. But as it stands, Canada is at risk of squandering its winning play – a risk that the federal government wants to mitigate.
The new Clean Electricity Regulations will be critical in helping Canada build a net-zero electricity grid by 2035, a goal shared by the entire Group of Seven. But the implications are broader than just electricity generation alone. This past June, for the first time, Canada’s Energy Regulator
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada Releases Draft Regulations to Clean Electricity GridEnvironment Minister Steven Guilbeault has released draft regulations aimed at making Canada's electricity grid net-zero by 2035. The regulations would increase the cost of energy slightly, but the government expects savings from transitioning away from fossil fuels to offset the increase. The national average household energy bill is estimated to increase by $35 to $61 per year, with only two percent of the increase attributed to the regulations. The draft regulations will be open for consultation for 75 days, with a final version expected to be published in January 2025.
Read more »
Environment Minister Guilbeault Releases Draft Regulations to Clean Canada's Electricity GridEnvironment Minister Steven Guilbeault has unveiled draft regulations aimed at cleaning up Canada's electricity grid.
Read more »
Canada Introduces Regulations to Clean Electricity Grid by 2035Environment Minister Steven Guilbeault has released draft regulations aimed at making Canada's electricity grid net-zero by 2035. The regulations may slightly increase energy costs, but the government plans to offset this through tax credits and low-cost financing. The move away from fossil fuels is expected to result in overall energy savings for Canadians by 2050.
Read more »
Federal government expected to release new clean electricity regulations today | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
Canadian Government Introduces Regulations to Transition to Clean ElectricityThe Canadian government has proposed regulations to transition the electricity grid to net-zero by 2035. While the regulations may slightly increase energy costs, the government plans to offset this through tax credits and low-cost financing. Environment and Climate Change Canada estimates that the national average household energy bill will increase by $35 to $61 per year if the regulations are adopted, but by 2040, only two percent of that increase will be due to the regulations. The government expects that as people move away from fossil fuels, the increases in energy costs will be offset. Overall, Canadians are projected to spend 12 percent less on energy by 2050.
Read more »
Ottawa Announces Proposed Clean Electricity RegulationsOttawa has revealed the details of its proposed Clean Electricity Regulations, which offer flexible compliance options. The new rules aim to restrict the use of fossil fuels in electricity generation, but the government is trying to address concerns from Western provinces that rely on natural gas.
Read more »