Question Period Note: Energy & Clean Growth

The Government of Canada is investing heavily in clean technology in the resources sector to support Canada’s low-carbon future.

• Investments in clean energy, clean technology, and innovation are the foundation for achieving Canada’s target of net-zero emissions by 2050 while also enhancing competitiveness and creating jobs.
• Our government has a plan to exceed Canada’s 2030 climate goal and legislate its goal of net-zero emissions by 2050.
• As part of this plan we will:
o promote investments in renewable energy and next-generation clean energy and technology solutions;
o transform how we provide energy to our economy and communities by shifting to clean power; and
o support manufacturing, natural resource, and energy sectors as they work to transform to meet a net zero future, creating good-paying and long-lasting jobs.
• One thatOur clean growth economy builds on our strong foundation of clean energy resources, including hydro, wind, solar, and nuclear, and is one that unleashes our potential in electrification, energy efficiency, clean fuels, and carbon capture.
• We will continue to invest in these areas, and work with provinces and territories, as well as the private sector, and international partners to make Canada the most competitive jurisdiction in the world for clean energy and clean technology companies.
If pressed on Clean Energy Technology:
• Investing in clean technology is critical to helping industry decarbonize over time while remaining competitive.
• We know that trusted global institutions, like the International Energy Agency, have told us that approximately 75 percent of the technologies required to achieve net zero by 2050 either do not exist or are not yet commercial.
• This is why our Government has made, and continues to make, significant investments in clean technology and innovative R&D.
• We will continue to work with key partners to strengthen investments in clean technology, with a focus on mission-oriented innovation programs.

If pressed on the Government’s clean energy record:
• We are making generational investments in new technologies and accelerating innovation to “future-proof” Canada’s energy sector to achieve net-zero.
• Our efforts include:
o Creating the world’s cleanest petroleum industry, which is also driving the largest investments in our clean-tech sector;
o Enhancing energy efficiency; and
o Expanding one of the world’s cleanest electricity mixes to produce even more clean energy to power even more of our national economy.
• We are also working with partners to develop the secure supply chains that we need for critical minerals, and that will enable the deployment of clean technology.

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