Policy Options for a Clean Electricity Standard in Canada
Published by:
David Suzuki Foundation
Authored by:
Mark Jaccard,
Bradford Griffin
ISBN:
978-1-988424-75-0
Climate solutions decarbonization, renewable energy, carbon pricing, energy, greenhouse gas emissions, policy and regulation, fossil fuels
In jurisdictions around the world, clean-electricity standards and carbon pricing have been used to reduce emissions from the electricity grid and to favour accelerated investment in renewables and other zero-emissions electricity generation. Switching from dirty fossil fuels to clean electricity is an essential part of any serious climate policy.
Focusing on zero-emission policies that the Canadian federal government has the authority to implement in support of national greenhouse gas emissions targets, this technical report offers detailed provisions for how a clean-electricity standard and intensified carbon pricing could be designed. And, it demonstrates how they would affect existing generation and investments in new generation.
The report models two different scenarios where these policies or the two combined would enable Canada to achieve a net-zero GHG emissions electricity system by 2035 and sustain it at net-zero while the total system doubles in size by 2050 as fossil fuels are switched out for clean electricity.
