Despite Trump, Canada’s budget stays the course on climate change

March 27, 2017 at 10:56 am Leave a comment

Some industry groups and politicians worry about making a clean energy transition in Canada when President Trump still “digs coal.”

So perhaps the most important test for this budget was whether Canada would stick to its guns, or whether Trump’s influence would spur a change in course.

The budget’s clean technology section opens by saying that the “global campaign against climate change is an economic opportunity for Canada,” an opportunity where Canada “can be a true global leader.”

The government zeroes in on clean tech, along with digital industries and agri-food, as growing industries that are key to Canada’s economic success.

The clean power sector alone employed over 9 million people in 2015, according to the International Renewable Energy Agency (and including large hydro).

Canada has a strong clean tech foundation. According to data from Analytica Advisors, a consultancy tracking Canada’s clean tech sector, Canada had over 700 companies, $11 billion in revenues, and 55,600 people working in the sector in 2016. But we’ve also been losing market share to our peers, falling from 14th to 19th among the world’s top 25 clean tech exporters in 2016.

Read Despite Trump, Canada’s budget stays the course on climate change by Clare Demerse at cleanenergycanada.

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Entry filed under: Carbon_Emissions, Climate, Economy, Renewables.

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