Discover and read the best of Twitter Threads about #ResilientRecovery

Most recents (4)

A timely #ResilientRecovery piece. It’s notable how Europeans (Germans especially) are considering their stimulus/recovery plans: “The decision on what policies to support shouldn’t be purely based on deep economic analysis, but it should also take into account …" 1/
“...future trajectories and needs.” bloomberg.com/news/articles/… Relative to 2008-09, “This time there’s one big opportunity and one big enabler: The opportunity is to build competitive advantage in new industries; the enabler is cheap debt.” 2/
It’s critical to note that just throwing $ at hydrogen would fail. The fundamental challenge rests with the fact that to enable hydrogen requires systems-planning (producing, moving and using it) & new regulatory frameworks to accommodate a new energy commodity. We have… 3/
Read 6 tweets
Well this is a demonstrably bad take. There are a multitude of ways—other than raising the price on carbon pollution—in which the gov’t can deliver a green recovery without micromanaging “winning” technologies. Contrarianism for the sake of contrarianism is just lazy. 1/ #cdnpoli
Building codes set energy performance benchmarks. Ditto vehicle emission standards. But gov’t, through stimulus, can enable more retrofits and more clean vehicle sales. The same goes for various industrial sectors—cement, steel, etc. Nobody is suggesting picking specific tech. 2/
Looking at recovery strictly through a lens of job creation, a green recovery delivers more effectively. With the co-benefit of reduced pollution—helping fight climate & reducing healthcare costs. See: smithschool.ox.ac.uk/publications/w… & mckinsey.com/business-funct… 3/
Read 5 tweets
EU green recovery package sets a marker for the world amp.theguardian.com/environment/20…
What would this look like if Canada adopted the same scale of ambition & investment?
A thread (converting Euro to & scaling to GDP)… 1/
#ResilientRecovery #cdnpoli #shovelworthy
$10-13 billion to boost electric vehicle sales and a doubling of investment in charging networks

$15 billion/year in grants and guarantees for renovations such as rooftop solar panels, insulation and renewable heating systems - including plans to offer green mortgages
2/
$1.6 billion in loans to leverage finance for 15 gigawatts of new renewable energy projects over the next 2 years

$200 million to finance hydrogen infrastructure

$5 billion for the development of green hydrogen

3/
Read 4 tweets
What makes a stimulus investment “shovel worthy”? We @cleanenergycan laid out some criteria:
How many jobs are created/$ invested? Are they secure jobs in sunrise industries w post-stimulus opps? 1/
cleanenergycanada.org/canada-can-tak… @AaronWherry #cdnpoli #ResilientRecovery #shovelworthy
@cleanenergycan @AaronWherry Would the investment capitalize on or spur Canadian innovation that might give us a competitive advantage? Would it help create or benefit an existing Canadian supply chain?
What are the prospects for leveraging private sector capital? 2/
@cleanenergycan @AaronWherry Would the investment encourage cleaner energy and more efficient, productive uses of that energy?
Would it contribute to cutting carbon pollution in support of our 2030 climate target and a net-zero 2050?
Gov’t will need a tool to ask & answer these (& other) Qs while 3/
Read 4 tweets

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