Carney Rolls Out Pitch to Double Canada’s Electricity Output
The plan would loosen clean electricity rules for natural gas and calls for more than $1 trillion in investment, officials said.
- On Thursday, Prime Minister Mark Carney unveiled Canada's clean electricity strategy, aiming to lower energy costs for 70 per cent of households while doubling the national electricity grid by 2050.
- This strategy signals a shift from the former Liberal government under Prime Minister Justin Trudeau, offering more flexibility for LNG power plants rather than pursuing what Carney called 'absolute purity in generation.'
- Construction will cost more than $1 trillion, with Ottawa funding retrofits for up to a million households through loans, grants, and 'complementary measures.'
- The government forecasts 130,000 new workers are needed to double the grid, as over 80 per cent of electricity sector employers currently face labour shortages, with 30,000 jobs expected by 2028.
- Doubling capacity requires permitting reform and new partnerships with Indigenous Peoples, with the strategy committing to build electricity infrastructure in the North through collaboration with territories and Indigenous stakeholders.
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Toronto, Canada, May 14 (EFE).- Canadian Prime Minister Mark Carney announced Thursday a new National Electricity Strategy with the aim of doubling the capacity of Canada's electricity grid by 2050 and strengthening energy security, industrial competitiveness and energy affordability.The plan, which will be developed after consultations with provinces, territories, indigenous peoples, electricity companies and trade unions, aims to increase elec…
Carney unveils new electricity strategy, noncommittal on 2030 climate targets
OTTAWA — Prime Minister Mark Carney unveiled Canada’s long-awaited new electricity strategy Thursday, placing a heavy emphasis on expanding the role of natural gas in powering the grid as he seemed to distance the government from its 2030 Paris climate commitments. The new strategy looks to double Canada’s electricity grid by 2050 and would adjust The post Carney unveils new electricity strategy, noncommittal on 2030 climate targets appeared fir…
Carney pushes new clean electricity strategy to expand grid, lower costs
The strategy is aimed at doubling electrical capacity by 2050 and lowering energy costs for 70 per cent of Canadian households.
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