Canada NewsWire
GATINEAU, QC, March 15, 2022
GATINEAU, QC, March 15, 2022 /CNW/ – From our houses to our companies to our workplaces, electrical energy powers our lives. In order we battle local weather change, create good jobs, and construct a powerful, sustainable financial system, clear electrical energy have to be a key a part of the answer.
At present, the Minister of Surroundings and Local weather Change, the Honourable Steven Guilbeault, launched consultations to develop Canada’s Clear Electrical energy Customary (CES) and drive progress in the direction of a net-zero electrical energy grid by 2035. Work on clear electrical energy may even be key to reaching Canada’s bold and achievable emissions discount goal of 40 to 45 p.c beneath 2005 ranges by 2030 and net-zero emissions by 2050.
Canada already has one of many cleanest electrical energy grids on the planet, with 82 p.c of the electrical energy that Canadians use coming from non-emitting sources. Canada is effectively positioned to maintain main. Thrilling new developments embody all the pieces from Canada’s largest photo voltaic farm in Alberta’s Vulcan County to one of many world’s largest battery-storage vitality tasks in Haldimand County, Ontario, and the development of Canada’s largest biofuel plant in Regina, Saskatchewan.
At residence, transferring to a net-zero grid by 2035 will create vital financial alternatives and jobs for communities throughout the nation. Globally, it should enable Canada to proceed main in a extremely aggressive area. Much like different necessary regulatory initiatives, a Clear Electrical energy Customary will ship clear market indicators to encourage funding within the clear applied sciences wanted to maneuver Canada’s electrical energy sector ahead to a sustainable future. The Authorities of Canada stands prepared to speculate when and the place potential to help our companions on this transition.
The event of a Clear Electrical energy Customary have to be a collaborative course of between the federal authorities, provinces, territories, Indigenous teams, utilities, business, and Canadians. This inclusive strategy helps the competitiveness of the financial system by offering a transparent foundation for provinces and territories to plan and function their grids, whereas persevering with to ship dependable electrical energy to Canadians and conserving prices for households and companies reasonably priced.
These are invited to submit feedback on the Clear Electrical energy Customary dialogue paper by April 15, 2022.
Quotes
“Nearly all of Canadians already rely upon clear, dependable electrical energy to energy their on a regular basis lives. Due to our progress in phasing out coal, Canada is able to take the following step in preventing local weather change by creating an electrical energy grid that’s net-zero emissions. It is a key a part of our authorities’s plan for a wholesome surroundings and wholesome financial system. I stay up for working with provinces, territories, Indigenous leaders, business, environmental organizations and different Canadians to place Canada on the trail to be absolutely powered by reasonably priced, dependable, and clear vitality.”
– The Honourable Steven Guilbeault, Minister of Surroundings and Local weather Change
“Whereas Canada has one of many cleanest energy grids on the planet, we all know that we will and may do extra. That’s the reason we’re taking motion to make sure a net-zero vitality grid by 2035, an integral step in the direction of attaining internet zero throughout Canada by 2050. By modernizing our electrical energy, we will decrease emissions, create good, middle-class vitality jobs, and guarantee a wholesome surroundings and a more healthy financial system for communities all throughout the nation.”
– The Honourable Jonathan Wilkinson, Minister of Pure Sources
Fast information
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The introduction of a Clear Electrical energy Customary strengthens the Authorities of Canada’s dedication to attaining obligatory regulated gross sales targets of 100% of all new light-duty car bought have to be zero-emission automobiles by 2035, and 2040 for all medium- and heavy-duty automobiles, the place possible.
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Vitality-efficiency packages from the Authorities of Canada are serving to Canadians get monetary savings on their electrical energy payments. This contains the Canada Greener Properties Grant and the Low Carbon Economic system Fund, and complementary packages from the provinces and territories.
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In December 2020, the federal authorities introduced new measures to help the electrical energy sector as a part of the $15 billion in investments included in Canada’s strengthened local weather plan, A Wholesome Surroundings and a Wholesome Economic system. Measures particular to the electrical energy sector are outlined within the Clear Electrical energy Customary backgrounder.
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On February 14, 2022, the Authorities of Canada introduced the Future Electrical energy Fund as a part of the Output-Based mostly Pricing System (OBPS), which is able to reinvest $79.5 million to help clear electrical energy tasks at electricity-generating amenities lined by the OBPS in Manitoba, Saskatchewan, Ontario, and New Brunswick.
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To attain net-zero emissions by 2050, Canada’s financial system will must be powered by each clear electrical energy and low-carbon fuels, akin to hydrogen, superior biofuels, liquid artificial fuels, and renewable pure fuel.
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Present federal local weather insurance policies for the electrical energy sector embody the phase-out of unabated coal by 2030, pure fuel electrical energy emission requirements, and carbon air pollution pricing.
Related hyperlinks
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SOURCE Surroundings and Local weather Change Canada