#research commercialization

[desustainablechemistry]

[dupuisjohnccgos]

At a time when investment in clean energy technologies is growing worldwide, Canada is “looking the other way” and risks missing out on trade and growth opportunities, according to a new report from an advocacy group for green energy. The study from Clean Energy Canada was released Monday to coincide with the United Nation Climate Summit in New York City. It says Canada spent $6.5 billion on the renewable energy transition last year. That is minuscule compared to the $207 billion spent worldwide, including $55 billion in China alone. ... She said that shift could cut into Canada's oil and gas sales. The opportunities to innovate in the field of renewables could be a stimulus to the economy, she said in an interview with CBC's The Exchange with Amanda Lang. "Canada has been ignoring the climate issue and the clean energy revolution — they’re pretending it’s still a boutique and side issue," Smith said. She urged Ottawa to start "giving it the same kind of support it has given to every major industry in Canada, including the oilsands, which has received billions of dollars in federal support."

Canada missing out on green energy revolution, report says