Environment & Climate

What it takes for Canada to thrive in a net zero exporting world

If the climate challenge confronting Canada is evident, so too is the economic opportunity out there to be captured. The twin objectives are clear and measurable: We must meet our 2030 GHG emission reduction targets on the way to a net-zero future by 2050, and we must do it in a manner that ensures jobs, growth and a strong economy. The good news is that a sightline to that future – one where a national carbon management strategy is critical to meeting our objectives – is coming into clear focus.

No more safe bets and inching innovation. Canada needs it’s own national advanced research agency to drive innovation breakthroughs and build bridges to market.

Past Event

PPF is a supporting partner of this conference!

This paper reflects a strong consensus within the Energy Future Forum that any achievable pathway to national climate and economic objectives must include a significant contribution from carbon capture technologies and from utilization and storage. In any post-COVID, “green stimulus” planning, support for CCUS expansion is even more pivotal than before.

Canada has been trailing behind global developments in sustainable finance, though serious work – particularly in the private and not-for-profit sectors – is underway to develop and implement plans that support a sustainable outcome. If the sustainable finance market is to expand, Canada must provide comprehensive data and information and also offer policy and regulatory certainty for both providers and users. This report offers recommendations in four key areas.

Canada desperately needs to matter more in the United States. After a run-up in the decade after NAFTA, our share of U.S. imports has fallen from roughly 16 per cent to 12 per cent since the Great Recession, leaving us behind both China and Mexico. Auto production, which for decades held fast well above the level guaranteed in the 1965 Auto Pact, was part of the descent.

There is a broadly based consensus in Canada that includes governments, Indigenous peoples, environmental groups, industry and other stakeholders that nature-based solutions will play a crucial role as Canada works to meet its climate change objectives. The Energy Future Forum (EFF) believes the agreement presents a rare and unique opportunity – one that Canada must seize as part of its climate change suite of policies.

Past Event

Carbon capture has a powerful allure. If there's too much CO2 in the atmosphere, why not remove the excess, and store it deep underground or use it in manufacturing other products? It sounds like a considerable solution on the way to a net zero carbon economy by 2050.

Disinformation can stymie policy responses to public health, environmental threats and crises. COVID-19 provides a unique albeit troublesome opportunity to investigate phenomena like the erosion and corrosion of public trust through the spread of disinformation and misinformation (the former purposeful, the latter flowing from ignorance). PPF is working with partners and its members to understand the nature of the problem of science and health mis- and disinformation in Canada, map the range of current proposed solutions, and build the conceptual framework for new policy pathways to address the issues.

OPINION: Needed: A grand bargain on climate and energy. How: The Energy Future Forum brings together the players — from oil and gas producers to environmentalists, governments, bankers, utilities, academics and Indigenous leaders. The Mission: To find ways Canada can meet or exceed its targets under the Paris climate agreement on the way to a net-zero future, while strengthening the economy and enhancing national unity. When: Now.