
This article was last updated on April 16, 2022
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An Alberta-based research organization, the Pembina Institute, has publicized a recent report on Tuesday advising the federal government to form a national clean energy plan for stabilizing the playing field and foster growth of emerging companies with clean technology. The report cites interviews of leading executives, entrepreneurs and academics, to conclude that a solution shall be imposed to counter the growth risk from foreign competition of clean energy in Canada.
The report claims that Canada is capable of competing with the rest of the world and has the potential of boosting its market share of its clean technology companies from $9 billion to $60 billion by 2020. The manager of strategic relations for Suncor Energy, Dianne Zimmerman, mentions in the report, entitled as Competing in Clean Energy, that “I believe that at the federal level, there is an opportunity to create a commitment that would establish a vision of where the federal government would like to see Canada going.” He added that “having that very strong vision would help to provide some of the certainty that we’re all looking for.”
The executive director of the Pembina Institute, Ed Whittingham, points out that the concept of a “national energy strategy” is now suitable, “without having to worry about the ghost of Pierre Trudeau coming out and haunting you in chains.” He added that “It (a national energy strategy) is greater intergovernmental cooperation on energy to help us take advantage of this three-trillion dollar economy by 2020. Right now, we’re just not seeing that at the federal level.”
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