Politicians are almost always tempted to leave a mark or a legacy. And with climate change at the top of the agenda for many governments, they are taking steps. The success of these efforts, however, will not only be determined by emissions reduction but whether economic growth happens.
According to Wal van Lierop, president and CEO at Chrysalix Energy Venture Capital, moving investments out of fossil fuel companies misses the point.
Major power users and trade exposed industries require special protection from the impacts of a national carbon pricing scheme, the Senate energy committee heard last week.
Past failures by previous federal governments in meeting climate change targets should be a lesson to the Justin Trudeau Liberals, a Senate committee heard earlier this week. Rather setting goals and trying to meet them by a certain date, the government should attempt to come up with credible policies that will put Canada on a low carbon pathway.
Behind the meter energy storage has been hailed as a game changer for residential and commercial users to shed load, shave peak demand and as a simple backup power solution in the case of an outage. But one Canadian company, illuma-Drive, aims to change the way we think about the smart home and the connected business by combining centrally controlled intelligent LED lighting with energy storage.