TORONTO, April 25, 2019 /CNW/ - One of the greatest opportunities for Canada is the shift toward clean growth. Smarter energy use boosts competitiveness, lowers costs, maximizes profits and helps protect our environment. Energy efficiency research and innovation are key to Canada's approach to a clean energy future.
Member of Parliament for Don Valley East, Yasmin Ratansi, on behalf of Canada's Minister of Natural Resources, the Honourable Amarjeet Sohi, today announced a $50,000 investment to study utility companies' regulations and policies to find innovative ways to manage energy demand and reduce emissions.
With funding from Natural Resources Canada's Energy Efficiency Program, QUEST and Pollution Probe — two leading Canadian non-profit organizations — have partnered to review information from provincial and territorial energy policy makers, electricity and natural gas utilities, and regulators, as well as data from international energy experts. This study will help Canada understand the challenges and opportunities faced by utility companies and help determine the best ways to transition to a low-carbon economy.
Through Generation Energy, Canada's national energy dialogue, Canadians told us they want to see our country continuing to be a leader in the transition to a clean growth economy. Canada will continue to support innovative projects that create jobs, improve industry competitiveness, cut pollution and act on climate change.
"By studying the challenges and opportunities facing Canadian and international utility companies, we can find innovative ways to embrace energy efficiencies and reduce pollution. Pollution Probe and QUEST's research is an important step to inform Canada's ongoing transition to a low-carbon future."
Member of Parliament for Don Valley East
"Moving to a lower emissions energy system in an effective and equitable way will require both innovative technologies as well as new business and regulatory practices. By providing a space for dialogue on this important issue, this work will help Canadian jurisdictions start to more effectively move to a lower emissions energy system."
Director of Energy, Pollution Probe
"This Discussion Paper is the first step in documenting the energy transition taking place in Canada and our vision for supporting its evolution. The next step in this research will be to develop a smart energy policy roadmap that will balance the need for fast-paced innovation with prudent regulation."
Executive Director, QUEST
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SOURCE Natural Resources Canada
For further information: Natural Resources Canada, Media Relations, 343-292-6100, [email protected]; Vanessa Adams, Press Secretary, Office of the Minister of Natural Resources, 343-543-7645, [email protected]