Energy

Canada has secured a two-year grace period from the International Renewable Energy Agency Council

The Canadian government has declared that it is still tuned to the plan of developing clean energy to stimulate economic growth, improve the standards of living of the citizens and utilize its resources efficiently in the coming future. This declaration will help map the country among the list of those that are engraving their hope on clean energy to recuperate from the coronavirus pandemic.

Canada’s Minister of Natural Resources, Honourable Seamus O’Regan Jr., stated that Canada has joined as a member of the Council for the International Renewable Energy Agency (IRENA). This move became public in the 11th session held by the IRENA Assembly. Therefore, Canada has procured a two-year term on the Council to align itself with this agency’s objectives by developing clean energy projects.

The IRENA Council stated that this year’s theme is “the transition to clean energy after the coronavirus pandemic.” Minister O’Regan supported the theme reiterating that it aims to ensure that nations achieve net-zero carbon emissions while recuperating from the pandemic. Minister O’Regan is optimistic that the switch to clean energy will overturn the climate crisis, expand the global market and generate employment opportunities for the coming years.

Minister O’Regan articulated that renewable energy is the chief pillar of the Canadian government’s realizes climate change objectives. These objectives will infer the utilization of $15-billion pinned on climate change to substitute emissive energy sources like fossil fuels and natural gas with renewable energy resources like wind and solar energy. Moreover, $964 million directed to support the plan will focus on establishing smart renewable energy and upgrading the grids to sustain the new energy projects. The government has also set aside $300 million to ensure that rural areas, remote and marginalized communities that are depending on diesel and other fossil fuels switch to clean renewable energy.

Minister O’Regan also revealed that Canada and IRENA would be collaborating to ensure that 100% of the remote areas in the country switch to renewable energy sources. Canada will offer its lessons and obtained feedback from the Council to initiate the planned development of similar projects in other countries. The local and marginalized communities will serve as control projects before the projects in other areas are implemented. The climate plan displayed by Canada advocates for a healthy environment and a healthy economy. This motto has stirred up the country to be participative on the global level and move along with projects that will revolutionize the energy industry.

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