To gain further insights on the various discussions and initiatives responding to an emerging green economy and the opportunities and challenges it poses key sectors, see resources listed below:
Conference Board of Canada (2010). The Economic and Employment Impacts of Climate-Related Related Technology Investments. This report assesses the economic and employment impacts of climate-related technology investments across Canada to determine its role in reducing GHG emissions, especially in Alberta and Ontario. The investigation uncovers provinces have different GHG emissions challenges and each are undertaking independent approaches to funding, governance and investment models, with limited number aimed specifically at reducing GHG emissions. As well, the greatest impact of technology investment centers on employment with greatest benefits in job creation observed in Alberta, Saskatchewan and British Columbia.
This report highlights emerging “Cleantech” or “clean technology” innovations being developed and supported through research and development in university, regional and sector innovation hubs across Ontario. Many research and innovation hubs are centralized in Toronto’s downtown core. Cleantech innovations in environmental, energy, water and waste-water management sectors continue to grow among small and medium enterprise (SMES) and overtime are likely to lead and gain market recognition at local, provincial, federal and international levels.
This report is based on the National Round Table on the Environment and the Economy (NRTEE), an expert advisory committee which brings together sustainability industry leaders active in businesses, universities, environment, labour, public policy, and community from across Canada. The report provides a comparative assessment of Canada’s low-carbon performance to NRTEE low-carbon performance index and G8 Index and indicators concludes Canada needs to do better on renewable energy investment. NRTEE recommends moving beyond measuring economic indicators/benchmarks in order to close the gap between business leaders and other stakeholders.
This report quantifies the potential employment benefits from Ontario’s green energy investments in the Baseline Integrated Power System Plan (IPSP) and the Expanded Green Energy Act Alliance (GEAA) program. Data analysis on economic input and output on labour (ie. recruitment, income, skills development) versus business expenditures ( ie. imports, supplies, building land or energy) indicates a wide range of jobs would be created through either programs. Prospective jobs would include: construction labourers, sheet metal workers, financial auditors, engineers, concrete-forming operators, secretaries, accountants, building inspectors, scientist and other researchers. The authours suggest one way to enhance the benefits to workers and communities is to increase and focus spending at local level in specific sectors, especially construction-related work.
This study examines recent low-carbon energy investments in industrialized countries comparable to Canada, which include: Australia, United States, Finland, France, Germany, Sweden and the United kingdom. The scenario review reveals reduction in greenhouse gas emissions are technologically feasible in each country and common initiatives are centered on energy efficiency, electrification of end uses in transportation and heating, decarbonization of the electricity system through renewable energy, and increased use of biomass. This report provides a comparative framework useful for measuring and rethinking the costs benefits of Canada’s national approach to reducing greenhouse gas emissions.