#Budget2023 🧵 /1

Mixed feelings on #Budget2023 but overall positive. It's at least a companion to #Biden's historic #InflationReductionAct & likewise invests solidly on #Canada's businesses fighting the #ClimateEmergency. That's important. By my crude math it's at best 1/3rd of the battle.

#NetZero #RaceToNetZero #ZeroEmissionTransition #cdnpoli #ClimateChange #yyc

#Budget2023 🧵 /2

I'm actually ecstatic we got one of them but it's going to take ongoing investment in all three (& my crude math suggests equally) to truly compete in the already started global #RaceToNetZero. No small political lift which is why The People part is critical

#Budget2023 #NetZero #RaceToNetZero #ZeroEmissionTransition #cdnpoli #ClimateChange #yyc

#Budget2023 🧵 /3

Maybe the big strategic question of #Budget2023:

Will enabling Canada's businesses to take on the #RaceToNetZero engage #ThePeople enough to create the political will required for the sort of #BigPublicWorks we will inevitably need. The clock is ticking. The race is ON

#cdnpoli #NetZero #ZeroEmissionTransition #cdnpoli #ClimateChange #yyc

[Aside: If this is the sort of thing you'd like to hear/talk more about, consider joining my #Patreon. I'm covering #EnergyTransition from ground zero right here in Calgary Alberta. I want us all to win. Help me do what I do. You'll be glad you did]

#yyc #Alberta #Calgary #cdnpoli #NetZero #ZeroEmissionTransition #cdnpoli #ClimateChange #Budget2023

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#Budget2023 🧵 /4

Folks that didn't like the phrase #WarOnClimate probably won't like #NetZeroArmsRace either but what an interesting place to be in these increasingly dark times: nations competing & alliances forming to save the world rather than blow it up. Count me in

#NetZero #RaceToNetZero #ZeroEmissionTransition #cdnpoli #ClimateChange #yyc

https://harvestportfolios.com/how-a-us-eu-regulatory-arms-race-can-benefit-clean-energy-investors/

How a US-EU regulatory “arms race” can benefit clean energy investors

The world’s two largest economies are outdoing each other to make business easier for clean energy companies

Harvest ETFs - ETFs | Mutual Funds | Structured Funds

#Budget2023 🧵 /5

In many ways China's been leading the #NetZero fray thus far in spite of new coal mining operations & #NetZero60 promises instead of 50. Nobody's done more to bring down the cost of #Solar to where it is today & they're doing the same with #ElectricBuses

https://fairbank.fas.harvard.edu/research/blog/how-china-is-winning-the-race-for-clean-energy-technology%EF%BF%BC/

#NetZero #RaceToNetZero #ZeroEmissionTransition #cdnpoli #ClimateChange #yyc

How China is Winning the Race for Clean Energy Technology - Fairbank Center for Chinese Studies

For the past two decades, a clean energy revolution has been quietly taking place across the globe. More recently, a heated global race has begun with China at the head […]

Fairbank Center for Chinese Studies
@Bentley there are some other advantages for them. Petrol vehicles are making the air in their cities toxic, and electric can help with that. Also, electric vehicles are a relatively new category that the western automakers don't completely dominate. There's room for new players, China's makers the most likely, to expand into.
@reallyflygreg Electric powered mass transit is a critical piece of the climate solution set. We need to fix how we move.
@Bentley yup. Electric cars do produce less emissions over their life, and help break fossil fuel dependence, but they're still cars with many of the same problems.
@reallyflygreg I see it as the short/medium term part of the solution