"The proposed legislation would allow the Carney cabinet to make regulations to modify federal regulatory requirements for all projects determined to be in the country’s national interest.
He said national interest projects will include “pipelines that make sense,” clean energy grids, trade corridors, nuclear facilities, critical minerals and carbon-capture facilities"
For all his talk about increasing economic productivity in terms of producing more goods, all I see is more resource extraction.
Carbon capture is a darling of the oil industry that allows them to keep doing business as usual. It requires an insane amount of often unclean electricity and is vapourware that does not work at scale. Oil companies love carbon capture, just like they love “natural gas” that lets them sell biproducts of fracking.
Nuclear is great but our climate does not have the 10 years it takes to build a reactor.
Where we’re headed, we’ll end up with more oil output, more emissions, more car-dependency, and a bunch of partially completed projects in 10 years.
This needs more focus on low carbon public transit and fast and achievable solar and wind.
It is abundantly clear that even if every automobile was replaced with an EV, we’d still bake our planet. Mining the ring of fire is a profit-seeking, extractive venture and not a climate solution.
SMRs should take less than 10 years and the one about to be built will be ready well before that in theory. The problem is they’re so new here that even if it works and everything goes according to plan, it’s probably a couple decades before it’s even begun to scale.
In order to produce more goods you need the energy infrastructure to support it. The problem is that things take time and a lack of investment over time in various sectors means we will be behind for some time.