Heather Scoffield: Four low-cost, high-impact ways for Canada to lower emissions
In a train rushing from Ottawa to Toronto last Monday morning were all number of environmentalists, government officials, civic-minded analysts and lobbyists, all with emissions on their minds.
Over the coming month, we as a country will be hashing out how we will not just cut emissions as required, but also how we could pay for that effort, make some money and set ourselves up for profitability over the longer term.In the next few weeks, Prime Minister Justin Trudeau will meet with the presidents of both the European Union and the United States, in part to assess where their well-funded incentives on climate will leave Canada and its ability to attract much-needed investment.
Definitions are just concepts, of course, and they won’t solve every problem around unlocking private-sector investment. The federal Liberals promised as much last spring, and committed in the Fall Economic Statement to embed them into theThey’re useful because Canada has a tumultuous history of carbon policy, with radical changes coming with new political configuration at the federal level.
But if the federal government were to step in with federal loan guarantees, that equation looks a lot more promising — again at no immediate hit to the federal deficit.
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