Clean tech is a great idea, Calgary
Calgary Chamber of Commerce CEO Deborah Yedlin has reiterated the importance of accelerating clean tech for Calgary’s energy sector and economic recovery.
Innovative carbon capture, utilization, and storage (CCUS) technologies promise to help the government meet its environmental goals while favouring economic growth and preserving a high standard of living for Canadian families.
As we have previously written, in designing measures to accelerate CCUS deployment, the federal government should minimize market distortions, make tax credits refundable, and consider a performance tax credit based on net emissions.
These measures could be very motivating for entrepreneurs, with little government oversight or spending required.