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Electrifying Canada is key to unlocking a net-zero future

Mount Equity Group Tokyo Japan > News > Markets > Electrifying Canada is key to unlocking a net-zero future

At the recent COP26 climate-change conference, nearly 500 global financial-services firms agreed to align US$130 trillion — about 40 per cent of the world’s financial assets — with the Paris Agreement goal of limiting global warming to 1.5 C.

This was the latest in a string of developments proving that net zero is no longer niche; it’s the new normal. With around 90 per cent of the world’s economy now covered by a net-zero target, it’s clear that a top priority — from corporate boardrooms to the corridors of political power, in Canada and around the world — is tackling climate change across all sectors and systems.

Engineers and entrepreneurs are exploring a myriad of technologies and pathways to accelerate the transition to clean energy. While there’s no silver bullet, it’s evident that clean electrification — substituting fossil fuels with clean, zero-carbon electricity — is key. The recently published…

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