VICTORIA — Evan Pivnick, clear power program supervisor at Clear Vitality Canada, made the next assertion in response to the brand new dialogue paper on the federal authorities’s Clear Electrical energy Rules:

“The brand new path the federal authorities is proposing for the Clear Electrical energy Regulation in right this moment’s dialogue paper makes vital adjustments to how the coverage could be designed, providing further flexibility for provinces, trade, and utilities. 

“It suggests an annual cap on emissions, versus the beforehand proposed emission depth restrict, and would enable emissions to be pooled between items owned by the identical entity. These adjustments mirror the federal authorities’s commendable efforts to work constructively with stakeholders and discover artistic options that accommodate Canada’s various electrical energy programs. 

“Flexibility is essential in making certain an efficient and sturdy regulation. However flexibility must be balanced with the mandatory stringency, and extra particulars on the brand new proposal are wanted to find out if the previous compromises the latter.  

“To be efficient, the rules should assist set up a transparent path to decarbonization for the electrical energy sector. Business requires certainty with a view to make crucial investments in new clear energy technology. To that finish, it’s additionally important that the rules discourage any additional funding in new, unabated gas-fired energy, in order to not lock in future emissions and danger creating stranded property. Whereas pure fuel will proceed to play a job on our grid, it should more and more turn into a useful resource of final resort.

“Already, the proposed Clear Electrical energy Rules have had an affect by encouraging provinces to think about power pathways that align with net-zero electrical energy sector emissions by 2035. Certainly, various provinces explicitly cite the 2035 goal or the rules of their power methods. To maximise certainty, speed up clear investments, and lock within the optimistic impact this proposed coverage is already having, we urge the federal government to finalize the rules as rapidly as attainable.

“In spite of everything, electrical energy is the cornerstone of the nation’s power transition, underpinning affordability and future financial prosperity alongside our allies and buying and selling companions. It’s important we transfer now.”

RESOURCES

Report | A Renewables Powerhouse

Submission | Clear Electrical energy Rules Canadian Gazette, Half 1

Op-ed | The sensible strategy to Canada’s proposed Clear Electrical energy Rules