Liberals sweep to victory in Canada; Trudeau to become Prime Minister, pledging sharp increases in infrastructure investment and a renewed focus on clean technology.
In Canada, the Liberal party, under the leadership of 43-year old
Justin Trudeau, swept to victory in the Canadian federal
elections. As of 6am Eastern time, the Liberals have won 184 seats
— 14 seats more than needed to form a majority government. Prime
Minister Stephen Harper’s Conservative Party won in 99 ridings, a
loss of 60 seats, while the New Democratic Party has reeled in 44
seats, a loss of 51.
The Bloc Quebecois have won 10 seats, a gain
of 8 (though party leader Gilles Duceppe was defeated in his own
riding), and the Green Party retained its single seat. Just after midnight Eastern time, the Conservative Party
announced that Harper had resigned as party leader.How it happened
The
Liberals swept every one of Atlantic Canada’s 32 seats in early
voting, and racked up another 80 seats in Ontario; in Québec,
voters rolled back much of the NDP’s 2011 “Orange Wave”, and gave
the Liberals 40 seats (up from 7 in 2011).
Strong results in the western provinces of Saskatchewan and
Alberta for the Conservatives could not offset the losses they
racked up in Eastern Canada.
The new Government
Incoming Prime Minister Trudeau has pledged that his government
will run a short series of budget deficits aimed at boosting
infrastructure spending.
Renewable agencies that stand to benefit?
The primary agency for renewables development in Canada is
Sustainable Development Technology Canada, and its SD Tech Fund.
In August, we reported: “the SD Tech Fund and the SD Natural Gas
Fund are now open for applications through October 14, 2015. The
SDTC portfolio is currently composed of 269 clean technology
projects with a total value of $2.5 billion, of which over $1.8
billion is leveraged primarily from the private-sector.”
Leah Lawrence, President and CEO, Sustainable Development
Technology Canada, said at the time, “Cleantech represents that
double bottom line, bringing together environmental goals and
economic activity in a way that generates jobs and opportunity
across Canada. And what an opportunity it represents for Canada:
recent reports peg the Canadian cleantech market at $12 billion.”
Another agency that is “on the biubble” and may benefit from a
stronger focus on renewables is BioFuelNet Canada, whose network
benefits from a $25 million grant over 5 years (2012 to 2017)
through the federal Network of Centres of Excellence program.
BioFuelNet Canada is an integrated community of academic
researchers, industry partners and government representatives who
engage in collaborative initiatives to accelerate the development
of sustainable advanced biofuels. BFN’s research is funded through
a mix of government and private contributions, and is structured
around the themes of feedstock, conversion, utilization, and
social, economic and environmental sustainability.
At the same time, Bioindustrial Innovation Canada may stand to
benefit from increased attention, after the group recently completed
phase 1 of a project to assess the economic viability of the
agricultural biomass to cellulosic sugar value chain in Canada. We
reported in July that “the Cellulosic Sugar Production Project is
designed to evaluate, develop and physically validate agricultural
biomass to sugars and co-products conversion technologies for
commercial scale-up application.” The agency had
received $7 million in 2014 from the Harper Government,
aiming to add value to the agriculture sector and respond to
global demand for environmentally-friendly bioproducts.
A new direction for Natural Resources Canada?
In December 2014 we
reported, “Natural Resources Canada failed to spend $298.6
million that was budgeted for biofuels, green energy, energy
efficiency and technology plans last year, yet somehow spent more
than $438 million on programs for oil and gas research and market
development, including research on how to clean up spills. Of the
total, $113 million went unspent on biodiesel programs because of
“poor production economics and uncertainty around blending
mandates and incentive programs in the U.S.,” said the Natural
Resources Canada Performance Report.”
The Liberal platform on renewables
The Trudeau government is pledged to “Make “critical investments”
in the clean energy industry, and “support clean energy and
energy-efficiency projects to “help reduce climate change causing
gases, and to add high-paying, cutting edge jobs”. Specifically,
the incoming government is pledged to “quadrupling Canada’s
production of renewable energy from sources such as solar and
wind, by 2017” — and to investments in “renewable energy
production such as solar, wind, geothermal and biomass”.
The extent to which a Trudeau government will focus on transport
and alternative fuels — as opposed to power generation — is as yet
unclear. But the incoming government’s pledge to introduce a
cap-and-trade system for greenhouse gas emissions suggests that
transport may be on the table — especially in that the party
platform states that a Canadian cap-and-trade system must “cover
all industries with no exceptions.” The Liberal Party of Canada also supports Canada’s 5% renewable
fuels standard for gasoline and 2% mandate for diesel.
Forestry and Agriculture
The incoming government is pledged to investments of up to $200
million each year to support clean technology in the forestry,
agriculture and energy sectors — and specifically $100 million for
the development of clean technology companies. At a conference in Vancouver in June, incoming Prime Minister
Trudeau said, “the environment and the economy go together like
paddles and canoes. If you don’t take care of both, you’re never
going to get to where you’re going.”
The Bottom Line
Last night, Canadians voted for a change of direction in
government, and renewable energy policy is very much a focal point
in that effort. Details will be forthcoming regarding the extent
to which the new government will focus on electric power vs. the
transportation sector — but the news of the change in control in
Ottawa is bound to be exciting for those who have been calling for
a more robust Canadian policy on greenhouse gas emissions and
clean technology.
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