Federal government must do more for clean energy...
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Dec 02, 2014  |  Vote 0    0

Federal government must do more for clean energy industry: report

About $25 billion has been invested in the sector in the last five years, but Canada lags behind other countries, says Clean Energy Canada


The federal government is disregarding the rapid growth of clean energy in Canada, keeping the nation from becoming a world leader in the sector, according to a new report by a Vancouver-based advocate for renewable energy.

“Canada needs to stop ignoring the clean energy sector. This is where the puck is going. This isn’t an industry of the future, this is an industry of today,” said Merran Smith, director of Clean Energy Canada, which produced the report.

About $25 billion has been invested in the green energy industry — which includes hydro, wind, solar, run-of-river and biomass power — in the past five years, the same amount of money invested in agriculture, fishing and forestry combined over the same period of time, the report found. The figure is largely attributed to renewable initiatives in Ontario, Quebec and British Columbia.

Employment is also on the rise; 37 per cent more Canadians work in the renewable energy industry now than in 2009. This year, about 1,360 more employees work in the clean energy sector than in the oil sands.

Wind, solar, run-of-river and biomass power has grown by 93 per cent in that same time frame. Today, one new wind turbine is installed in Canada every 10 hours, the report found.

All of these factors have contributed to Canada’s jump from 12th to seventh place in the G20 for clean energy investment this year, the report said.

While green energy has become a big business thanks to action from the provinces, Smith said it isn’t getting the same targeted support from the federal government that other industrial sectors are afforded, support necessary if Canada wants to become a world leader in the industry.

“The federal government is singularly focused on fossil fuel and they’re ignoring the clean energy sector,” Smith said. “It’s risky for Canada to have all its egg in one basket.”

Globally, a quarter of a trillion dollars is being invested in clean energy, Smith said, with the U.S. and China setting ambitious goals for their respective industries. .

Smith and the report suggest Canada should invest in clean energy infrastructure, put a price on carbon emissions and provide a rebate for electronic vehicles, among other things.

“We need a vision for the energy sector that is bigger than what we have now,” Smith said.

Toronto Star

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(2) Comment

By StatusQuoContinues | DECEMBER 02, 2014 06:50 PM
Ya lets take MORE taxpayer money to create jobs in CHINA............why not?, what a great idea (says sarcastically).
By StatusQuoContinues | DECEMBER 02, 2014 06:46 PM
Let me get this straight; There was an article this morning boasting how well this sector is doing and all the billions that has been invested. And now they are lining up to the through because they need MORE to sustain themselves?????????..........You can't have your cake and eat it too, your either doing well and we can remove the corporate welfare (like we should be), or your NOT and need more. Does anyone else see the problem with corporate welfare in Canada???? It's like welfare - once your on it, it's hard to get off and live on your own to feet........It's easier to sit around and collect a check than it is to go work for it.
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