Climate change gives Canada’s innovation ecosystem a huge opportunity, supported by a change in innovation policies, to create new greenhouse gas emissions-free products from the oil sands, Bert van den Berg, an Ottawa-based innovation policy consultant and former program leader with NSERC, says in an op-ed.
Topic: oil sands industry
The Short Report: Supporting Black tech professionals; high-speed Internet for rural Quebec, new university Indigenous research policy; DND funding for COVID-19 technologies; record angel investment; writing off oil sands assets.
Canada’s regionally diverse mining innovation groups are stepping up efforts to collaborate on and better coordinate industry-led innovation. But the push to “de-fragment” the country’s mining innovation ecosystem needs dedicated federal funding, the groups say.
The Canada Pension Plan Investment Board, which manages the CPP’s $420-billion portfolio, should immediately divest from all fossil fuel holdings in response to the climate emergency and to reduce financial risk for current and future CPP recipients, says the lead author of a Canadian Centre for Policy Alternatives report.
Oil sands companies expected to play significant role in assessing and deploying new low-carbon technologies.