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Breton also is co-chair of a government working group on charging infrastructure. "People seem to forget that the backbone of the infrastructure is not public charging, it's home charging," Breton said. 'SERIOUS CHALLENGE'Breton said that 30% of the cost of installing a home EV charging station in the U.S. is covered by a federal tax credit, while California residents can receive rebates for upgrading charging stations and electric panels. Most Canadians drive short distances to work, meaning that public charging is mainly necessary for longer-haul travellers, Breton said. Canada had 19 EVs per public charging point in 2022, while the number was 24 in the U.S., according to the Paris-based International Energy Agency.
Persons: Chris Helgren, Justin Trudeau's, Canada's, Daniel Breton, Breton, Brian Kingston, Kingston, Joanna Kyriazis, Rod Nickel, Denny Thomas, Paul Simao Organizations: Volkswagen, Canadian, REUTERS, Companies Parkland Corp, Justin Trudeau's Liberal, Infrastructure Bank, Parkland Corp, EV, Electric Mobility Canada, Natural Resources, International Energy Agency, Clean Energy Canada, Simon Fraser University, Canadian Vehicle Manufacturers ' Association, Thomson Locations: Toronto , Ontario, Canada, WINNIPEG , Manitoba, British Columbia, Canadian, Parkland, Breton, U.S, California, Natural Resources Canada, Paris, Vancouver, Ottawa, Winnipeg , Manitoba
JULES BOUDREAU, SENIOR ECONOMIST, MACKENZIE INVESTMENTS"The surprise was more on the revenue side more than the spending side. Prior to this budget we were not eligible for the carbon capture utilization and storage (CCUS) investment tax credit, but they have now broadened the eligibility parameters." "The big open question, heading into this budget was how was Canada going to react to the Inflation Reduction Act ... MARK ZACHARIAS, EXECUTIVE DIRECTOR OF CLEAN ENERGY CANADA"We thought today's budget was generally excellent and it sets Canada on a path for prosperity. "The investment tax credits for clean tech manufacturing positions Canada as a leader, particularly in zero-emissions vehicles."
[1/2] The entrance to Shell's LNG Canada project site is shown in Kitimat in northwestern British Columbia on April 12, 2014. While the tougher regulation will not impact the huge Shell-led (SHEL.L) LNG Canada project already under construction, a proposed export terminal adjoining the small-scale Tilbury LNG facility and the early-stage Ksi Lisims LNG project in northern B.C will fall under the new rule. The province will start exporting 14 million tonnes per annum (MTPA) when LNG Canada enters service in 2025. "That (net-zero requirement) is a very high bar and a high hurdle to pass," said Mark Zacharias, executive director of think-tank Clean Energy Canada, adding the new framework rounds out B.C. 's new regulations also include an oil and gas emissions cap and plans to accelerate the electrification of the economy.
From 2025 the government plans to release a new sustainable jobs plan every five years. Liberal Prime Minister Justin Trudeau has been promising sustainable jobs legislation since 2019. But in Canada, the world's fourth-largest crude oil producer, the concept of retraining workers for clean energy jobs, also called a "Just Transition", became a lightening rod for criticism. "Rather than a shortage of jobs, in Canada we are much more likely to see an abundance of sustainable jobs with a shortage of workers required to fill them," the plan said. Think-tanks Clean Energy Canada expects jobs in the sector will grow by 3.4% annually over the next decade, nearly four times faster than the Canadian average.
FILE PHOTO: Pipelines run at the McKay River Suncor oil sands in-situ operations near Fort McMurray, Alberta, September 17, 2014. REUTERS/Todd KorolPrime Minister Justin Trudeau’s Liberal government is expected to table its long-awaited workforce transition bill this spring, ahead of economic changes expected as they pursue ambitious goals to slash climate-warming emissions. The government of Alberta, Canada’s main crude-producing province, says the legislation will dismantle the oil and gas industry that makes up 5% of Canada’s GDP. The oil and gas sector employs around 185,000 workers, making the bill a hot topic in Alberta ahead a provincial election in May. Think tank Clean Energy Canada estimates there could be 200,000 clean energy jobs created by 2030.
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