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CEOs call for carbon pricing, energy strategy

Canada’s CEOs are calling on all levels of government to come up with a workable, consistent national energy strategy that includes carbon pricing to address the climate change issue.


November 11, 2010
by PLANT STAFF

Suncor Energy oil sands operations in Alberta.

Photo: Global Forest Watch Canada

OTTAWA: Canada’s CEOs are calling on all levels of government to come up with a workable, consistent national energy strategy that includes carbon pricing to address climate change and energy leadership.

A policy paper released this week by the Canadian Council of Chief Executives (CCCE) says energy stakeholders need to be pulling in the same direction to successfully compete with other countries for the significant investment needed to make Canada an energy and environment leader. It outlines five key steps Canadian governments should take:

• Work with business and other stakeholders to develop a national strategy for energy policy, building on each region’s strengths and opportunities.

• Negotiate a broad Canada-US energy and environmental accord that strengthens the current arrangements on energy, aligning regulatory and other standards where appropriate, and enhancing current efforts on cross-border technology cooperation.

• Commit to a national approach to climate policy and carbon pricing, instead of the current patchwork approach. Carbon pricing should be broadly applied across the economy and to consumer end-use, but would have to be phased over an adjustment period to avoid unnecessary impacts on competitiveness.

• Work with key business sectors on a national strategy to develop and deploy new generations of energy and environmental technology. Success will require increased private-sector commitment to energy R&D, greater industry-university collaboration and strategic public investments.

• Strengthen efforts to build an ethic of energy conservation and engage Canadians in a national dialogue on the costs and benefits of various energy choices.

The CCCE is an Ottawa-based non-partisan organization with 150 members that engages in public policy research, consultation and advocacy.

Click hhttp://www.ceocouncil.ca/ere for a copy of Clean Growth 2.0: How Canada Can Be a Leader in Energy and Environmental Innovation.