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Canada’s provincial governments need comprehensive net-zero climate strategies to drive growth in the green economy, but some are sending mixed policy signals to the companies that will create tomorrow’s jobs, says a new report from the Canadian Climate Institute. . However, B.C. We see this transition as inevitable,” Arnold said.
Governments, businesses, and investors are working toward aligning strategies with net-zero targets to mitigate long-term climate risks, although shifting political winds risk derailing progress. Smartgrids : Digitalized grids optimize electricity distribution, reduce waste, and enhance energy efficiency.
In September 2023, UK Prime Minister Rishi Sunak came out with some disappointing rollbacks around netzero, pushing back the deadline for the combustion engine phaseout, slowing the uptake of heat pumps, among others. However, the PM did hit the nail on the head when it came to the UK grid infrastructure… it isn’t ready for netzero.
This transformation presents an important opportunity for the EU, which spends around €1 billion on energy imports each day. However, renewables and electrification alone can’t realize the EU’s net-zero ambition. Energy systems are, consequently, becoming more decentralized, digitized and decarbonized.
Over the course of two days, attendees heard from expert speakers on a variety of topics, including renewable energy and regulatory innovation, mapping available grid integration resources, and the state of Canada’s electricity system. I want to congratulate the CanREA team for getting the Electricity Transition Hub off the ground.
Regions net-zero ambitions offer opportunities for UK innovators, says new report As Japan, South Korea and Taiwan race to decarbonise their economies and embed sustainable industrial practices, opportunities are emerging for UK companies with cutting-edge technologies that can help them achieve their ambitious net-zero targets.
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