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TORONTO \u2014 Countries across Asia and Europe are accelerating their shift to clean energy\u2014a transition hastened by the war in Iran. But with the Ottawa\u2013Alberta memorandum of understanding on climate and energy policy more than a month overdue, Canada is risking locking in policy signals that leave it out of step with this rapidly restructuring global energy economy, warn Clean Energy Canada\u2019s Rachel Doran and other climate and clean energy experts.<\/p>\n\n\n\n
In a joint letter<\/a> sent today, the leaders of the Pembina Institute, Clean Energy Canada, Climate Action Network, Environmental Defence, Equiterre, and International Institute for Sustainable Development urge Prime Minister Mark Carney to finalize key elements of the agreement, warning that failure to do so risks a \u201cconsequential miscalculation\u201d that would place too great a focus on the oil and gas industry at the expense of clean growth sectors.<\/p>\n\n\n\n \u201cWhile countries across Asia and Europe engage in short-term energy rationing and longer-term restructuring of their economies away from oil and gas dependence and towards domestically produced clean electricity, here in Canada, we are stuck in an unhelpful feedback loop of discourse about the need for more oil and gas infrastructure and the loosening of environmental regulations on multi-billion dollar oil and gas companies,\u201d reads the letter.<\/p>\n\n\n\n \u201cNowhere is this more evident than in the delay to the promised resolution of the Alberta-federal MOU on energy and climate policies.\u201d<\/p>\n\n\n\n The letter urges specific outcomes on four key aspects of the MOU: industrial carbon pricing, clean electricity development, and methane rules for oil and gas producers. It refers to these, and the MOU more broadly, as the prime minister\u2019s \u201cmost consequential opportunity\u201d to turn \u201cwords into action\u201d on building a strong, future-proofed Canadian economy.<\/p>\n\n\n\nKEY FACTS ON THE IRAN WAR AND ENERGY TRANSITION <\/strong><\/h2>\n\n\n\n
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