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It’s Clear For Clean Technology, Canada Doesn’t Have A Game Plan
Total Articles: 42
With the emerging new global economy, is setting up a way for clean technology economy, i.e, the age of resource economics are coming to an end of an era. If one just based on Trudeau’s assumptions on the Administrative budget of 2017 and 2018, then one would never come to know about these and no game plan is put.
As per the Environment Minister, Catherine Mckenna, the Kinder Morgan pipeline should carry on, while Canada protects the economy. What actually makes Canada at disadvantage with the respect to that of competitors was that it remains to be a blur, as to how a collection of provincial low-carbon price mechanisms is actually a plan for a change into clean technology any more than taking care of one’s children for raising the children. There is nothing as such as an effective, single policy fix.
Budget 2017 has put up the allocations for financing approach for clean tech firms, promoting the demonstration of clean technologies, and investment in research and development for clean energy and transportation. And the amount sanctioned for the fiscal year 2017-2018, was $51 million, $25 million, and $0 resp. The greater amounts are reserved for the upcoming years upto 2021-2022. These above projects lack in reliability and the characteristics of the budget are that it is going to be the only amount dedicated for the upcoming fiscal years to come.
Budget 2018 has eradicated Budget 2017 allocation for the upcoming years including clean tech commitments and replacing them with the budget items like establishing the better rules to protect the environment and the growth of the economy, pricing the carbon pollution and supporting the clean growth. The Canadian model is mainly focused on imprecise federal-provincial-territorial agreements.
China’s President Xi Jinping is a centralized autocrat who has appointed himself to the long-lasting rule. The country will take the lead in controlling and is applicable for all Cleantech control as the new technology developments have become instantaneously international.
This totally contradicts with the speech of China’s President, on 18th October 2017. He said that they will boost the efforts to form a legal and policy framework, which promotes the green production and consumption, promotes a sound economic structure that makes green, low carbon and the circular development. He farther said that they will apply stricter pollutants to discharge standards and to check on it that the polluters are held responsible. Jinping goes on saying that what they are doing now is to build ecological civilizations that are going to benefit the up coming generations.
China has installed 53GW of new Solar generation capacity and spent $132.6B on Clean energy Investments, which is a record as compared to the Hydro-Quebec electrical production capacity which is 47.2 GW. With all the electrical sources combined, it has been found that in one year China installed more Solar generation capacity than Hydro-Quebec has installed in its entire electrical production.
For 2020, China has doubled up the Solar capacity target to upto 213 GW. And the Wind Power sector will too, increase its capacity upto 110.4 GW, that sums up to 264GW for that year. China’s sales or credit quota system on the electric vehicles on the minimum percentage of each manufacturer's sales of New Energy Vehicles (NEV) will begin with 10 percent in 2019,12 percent in 2020 and 20 percent in 2025. Chinese Automakers and their resp. foreign partners are gearing up to meet the challenges.
The new CEO of Ford, Jim Hackett, in the US is persuading the Trump Administration behind the closed doors to weak the US fuel consumption standards for the period of 2022-2025. And the soon-to-be CEO of Fiat Chrysler, Sergio Marchionne, has explained the migration to electric vehicles as something that would suppress the industry.
Canada always follows the footsteps of US government, with no rules of its own. Any action taken place in the US is been mimicked in Canada. The government of Canada lacks the interest in supporting the domestic Electric vehicle technology ‘s manufacturing and sales.
Quebec’s Lion plans to build a new manufacturing plant in California, to take the advantage of $10 million grant program for the new school-bus electrification. It is an electric school bus manufacturer that uses Quebec’s TM4 electric direct drive technology. Tm4’s main manufacturing plant in a joint venture with Prestolite E-Propulsion Systems, China.
Catherine Mckenna has admitted that Canada’s quick fix on carbon pricing isn’t working and Canada’s emissions have risen up this year. She also blames on the inactivity of the Harper government instead of sector-specific corrective measures for the result. Even if one puts aside China’s formation of multiple complementary sector-specific measures to advance the change in the green economy, compared to the balkanized Canadian carbon-pricing schemes appeared confused.
China’s clean tech leadership actions will soon top as the world’s largest Carbon Pricing System. This system will be increasing rapidly that include high energy-consuming and emissions industries, that will give China the potential to meet or exceed the Paris Accord requirement. It will begin as an application to the Electrical Power Sector. On the latest consideration, the system will also include the targets on energy consumption- carbon and energy intensity, that will address the unfinished matter.
China is even training 39,000 Environmental Enforcement Officers, for making the system work. While the trading system will offer flexibility on the agreement stipulations and the violations will be expensive.
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