VICTORIA — Evan Pivnick, clear power program supervisor at Clear Power Canada, made the next assertion in response to the brand new dialogue paper on the federal authorities’s Clear Electrical energy Laws:
“The brand new route the federal authorities is proposing for the Clear Electrical energy Regulation in right this moment’s dialogue paper makes important adjustments to how the coverage can be designed, providing extra flexibility for provinces, business, and utilities.
“It suggests an annual cap on emissions, versus the beforehand proposed emission depth restrict, and would enable emissions to be pooled between models owned by the identical entity. These adjustments mirror the federal authorities’s commendable efforts to work constructively with stakeholders and discover artistic options that accommodate Canada’s numerous electrical energy methods.
“Flexibility is vital in guaranteeing an efficient and sturdy regulation. However flexibility must be balanced with the required stringency, and extra particulars on the brand new proposal are wanted to find out if the previous compromises the latter.
“To be efficient, the laws should assist set up a transparent path to decarbonization for the electrical energy sector. Business requires certainty as a way to make essential investments in new clear energy technology. To that finish, it’s additionally very important that the laws discourage any additional funding in new, unabated gas-fired energy, in order to not lock in future emissions and danger creating stranded property. Whereas pure fuel will proceed to play a job on our grid, it should more and more turn out to be a useful resource of final resort.
“Already, the proposed Clear Electrical energy Laws have had an impression by encouraging provinces to contemplate power pathways that align with net-zero electrical energy sector emissions by 2035. Certainly, quite a lot of provinces explicitly cite the 2035 goal or the laws of their power methods. To maximise certainty, speed up clear investments, and lock within the constructive impact this proposed coverage is already having, we urge the federal government to finalize the laws as shortly as doable.
“In any case, electrical energy is the cornerstone of the nation’s power transition, underpinning affordability and future financial prosperity alongside our allies and buying and selling companions. It’s very important we transfer now.”
RESOURCES
Report | A Renewables Powerhouse
Submission | Clear Electrical energy Laws Canadian Gazette, Half 1
Op-ed | The sensible method to Canada’s proposed Clear Electrical energy Laws
