There have been a number of good stories and blog postings about the extent to which the credit crunch and its economic downside will hurt renewable energy projects and act as a drag on cleantech financing. Here’s my own take on how things are playing out in Ontario. Continue reading The credit crunch and its impact on green projects
Happy Thanksgiving, Canada! The world can be a crazy place, but we do — in the big picture — have much to be thankful for. Enjoy the time with family and friends, and a week of turkey dinner leftovers.
Today I’ll just post a link to my Clean Break column, which argues that green-minded Canadians heading to the polls tomorrow would be best to vote for the federal Liberals if they hope to see any action on climate change and development of a cleaner, more energy-efficient economy. Now is the time to begin taxing pollution and using that money to tackle poverty, stimulate the economy, and ultimately help Canadian households and businesses operate more efficiently, while at the same time accelerating green innovation that could serve us at home and others abroad.
From the perspective of a green-technology advocate, one could just as easily support the Green Party and, to a lesser extent, NDP on this issue, but the Liberals are the most likely to defeat the federal Conservatives, which have proven in their two years of power that they don’t take green job creation or climate change seriously. This is an important federal election, coming at a time when even the U.S. is likely to vote in a new president — i.e. Obama — who has declared energy and green-economy building as his top priority.