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Lisa DeMarco 1. 2 3 Canada needs a bridge from its traditional to a more sustainable energy sector 4.

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Presentation on theme: "Lisa DeMarco 1. 2 3 Canada needs a bridge from its traditional to a more sustainable energy sector 4."— Presentation transcript:

1 Lisa DeMarco 1

2 2

3 3

4 Canada needs a bridge from its traditional to a more sustainable energy sector 4

5 Tokyo, Saitame RGGI CALIFORNIA QUEBEC Beijing Tianjin Shanghai Chongqing Hubei Shenzhen Guangdong Emission Trading Scheme in Progress Existing Emission Trading Schemes CDM Host Countries as of July 1, 2013 (UNEP Riso Centre, data from the CDMPipeline) Countries with provincial-only Emission Trading Schemes Linkages New South Wales GGAS EU ETS South Korea (2015) Swiss ETS ALBERTA Source: IETA

6 JurisdictionBase YearTarget Reduction Timeline US200526-28%2025 Canada2005 (749 MT)30% (225 MT)2030 EU199040%2030 California199040%2030 Ontario1990 (182 MT)37% (67.3 MT)2030 6

7 7 Total energy resources Source: IEA, Solar Energy Perspectives, 2011

8 Disruptive Innovation The Tesla Powerwall Peter and Lyndon Rive, SolarCity 8 Annette Verschuren, NRStor

9 “In Saudi Arabia we recognize that eventually, one of these days, we’re not going to need fossil fuel. I don’t know when -- 2040, 2050 or thereafter. So we have embarked on a program to develop solar energy. … Hopefully, one of these days, instead of exporting fossil fuels, we will be exporting gigawatts of electric power.” Ali Al-Naimi, Oil Minister for Saudi Arabia, May 21, 2015, Paris 9


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