BC Natural Resources ForumCanadian Natural Resources Minister-Jonathan Wilkinson (Keynote Speaker BC Natural Resource Forum Jan 19th)
“Hydropower is not something that everyone in the world is endowed with. If we use the hydro power energy across Canada wisely and mix that with other sources of non-emitting energy, Canada's in a wonderful position to both deal with its domestic needs as well as export and other growth options that really help build the economy.”
While Canada -- and B.C. in particular -- has a strong clean-tech sector, there are fears that Canada’s lack of access to venture capital could stymie the investments needed for the energy transition.
Wilkinson acknowledged the problem and said the federal government will need to help make Canada more alluring to venture capital.
“We're looking at some blended finance models, where the government would take some of the risk to enable some of these folks to actually come back into the market in a way that they did in the early 2000s,” he said.
Net zero path includes natural resource industries: Wilkinson - Canada News - Castanet.net