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Bullboard - Stock Discussion Forum HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the... see more

TSXV:HPQ - Post Discussion

HPQ Silicon Inc > Cutting emissions by 2050 equal to taking 5 million cars off
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Post by Oden6570 on Dec 26, 2020 7:03am

Cutting emissions by 2050 equal to taking 5 million cars off

Net zero target will take massive effort

Cutting emissions by 2050 equal to taking 5 million cars off road every year

SEAN KILPATRICK THE CANADIAN PRESS FILE PHOTO
Environment Minister Jonathan Wilkinson’s climate plan would bind Canada to five- year emissions targets starting in 2035.

OTTAWA— Environment Minister Jonathan Wilkinson appears ready to deal with opposition parties to secure the votes he needs to get his net- zero legislation through Parliament next year.

The proposed legislation would bind Canada to hitting five- year emissions targets starting in 2035, and reaching net zero by 2050.

Wilkinson told The Canadian Press he is open to opposition amendments to introduce earlier reporting requirements, within the next decade, to show progress made.

Actually getting Canada to net zero by the middle of the century will be the hard part.

It will mean finding a way to eliminate or capture more than 24 million tonnes of greenhouse gas emissions annually for the next three decades — about equal to taking five million cars off the road every year.

And all this in a Canada that has been promising to cut emissions for more than 30 years, but has never actually done it.

“It’s going to require a lot of effort and a lot of investment. But it is what we need to do to stop global warming,” said Taryn Fransen, a senior fellow in the global climate program at the World Resources Institute.

“There is no other alternative.”

Reaching net zero involves a combination of eliminating emissions and, where they are still produced, capturing them rather than leaving them to linger in the atmosphere, where they help trap heat and contribute to global warming.

The Paris agreement adopted

at the 2015 United Nations climate change conference said avoiding catastrophic global warming requires keeping that as close to 1.5 C as possible, and absolutely no more than 2 C.

The 1.5 C goal requires wealthier and heavier- emitting nations to get to net- zero emissions by 2050. For Canada, that means finding a way to eliminate or capture 729 million tonnes of greenhouse gases over the next 30 years.

The Paris agreement saw Canada commit to getting to 511 million tonnes by 2030. In the five years since that was signed, Canada’s emissions actually went up.

Dale Beugin, vice- president of research at the Canadian Institute for Climate Choices, said he is hopeful that this time, Canada’s climate action will be real.

“For the first time, federally, we have policies that are consistent with our ambition, with our rhetoric,” he said.

Beugin pointed to the $ 15- billion federal climate action plan unveiled last week, which includes hiking the carbon price and investing in clean energy and zero- emissions technology.

The Pan- Canadian Framework

on Clean Growth and Climate Change, introduced in 2016, at best only got Canada two- thirds of the way to its 2030 goal. The new plan, on paper, aims slightly higher, to 503 million tonnes.

In Canada, more than eight in every 10 tonnes of emissions come from burning fossil fuels. That includes driving cars, heating houses, keeping the lights on at work and extracting, refining and shipping the fuels to do it.

Beugin said a net- zero future does not mean changing everything about life in Canada.

“Canadians are still doing what they’re doing, they’re still moving from one place to another, they’re still heating their houses, but they’re using less energy to do it,” he said.

Some of that involves betterinsulated public buildings, helping people afford electric cars and building charging networks to convince people they won’t be stranded on the side of the road with a dead battery.

It also means expanding and introducing non- emitting energy sources like hydrogen and nuclear power. Ottawa unveiled a hydrogen plan on Wednesday and a strategy for small nuclear reactors end.

It will also mean major changes for the oil sector, particularly in Alberta. Extracting oil and gas alone accounted for about one- sixth of Canada’s 2018 emissions. Shifting to cleaner energy is already happening — coal as an electricity source is being phased out in the next decade, replaced with loweremitting natural gas, or renewables like hydro and wind.

If coal is still used, its emissions have to be captured and stored, a system already in place at the Boundary Dam in Saskatchewan. The technology is currently expensive and limited, but Michael Bernstein, executive director at the nonprofit climate think tank Clean Prosperity, says Wilkinson’s plan to more than triple the carbon price between 2022 and 2030 will make it attractive.

Bernstein says hiking the carbon price by the planned $ 15 a year could get Canada 60 per cent of the way to net zero. Making it expensive to pollute and giving businesses an incentive to invest in pollution- curbing technologies is a “big deal” in the bid to slow global warming, said Bernstein.

The big wrinkle in that plan is politics and the law. Conservative politicians in Canada almost universally loathe the carbon tax. Federal Conservative Leader Erin O’Toole promises to scrap it, and Alberta, Saskatchewan and Ontario have gone to court to stop it. The Supreme Court is set to rule on the matter next year.

Wilkinson’s plan to reach the 2030 goal depends heavily on the carbon tax. He says he is confident the court ruling will go his way.

But he says he believes strongly that Canada, and the world, has now passed a tipping point on climate action. is expected by year’s

Comment by Pandora on Dec 26, 2020 1:45pm
Excerpts from "Friends of Science" Trudeau’s Crazy Climate Plan At a December 11, 2020 news conference Prime Minister Justin Trudeau unveiled his government's new plan for Canada to reduce greenhouse gas emissions by 2030. The $15-billion plan includes the federal price on carbon rising to $170 per tonne by 2030. He has pledged Canada to achieve net-zero greenhouse-gas emissions by ...more  
Comment by Oden6570 on Dec 26, 2020 2:34pm
As long as Gov subsidies oil / coal , I am against carbon pricing. If however all subsidies to oil are stopped completely, I have no problem paying more for carbon , except for and especially HOME HEATING !!!
Comment by kasking on Dec 26, 2020 2:36pm
Re-Pandora... Carbon tax......lets keep this in mind , next election 
Comment by Pandora on Dec 26, 2020 2:56pm
"Nice looking boy that" -- do you think a majority of the voters in Canada will consider something as boring as carbon tax to beat out his looks? :-))  It's like at the race track - "I bet on #6 because I liked his colour and the bows in his mane."
Comment by Pandora on Dec 26, 2020 3:01pm
A little facetious? I guess I have been around the horn too many times. :-))
Comment by Uncleron on Dec 26, 2020 4:38pm
Way to go Pandora, excellent post , real science for a change...in the 5 years since the stupid Paris agreement Canada's GHG emissions have risen each year...turdope wants our tax money to give to terrorists and his family...Global warming is a million times better than the opposite, a global ice age that would kill 3 quarters of the population or more... that would be the "great reset ...more  
Comment by ScienceFirst on Dec 26, 2020 11:16pm
UncleWrong "Global warming is a million times better than the opposite" but lauds PYR for fighting climate changes! What a clown!  
Comment by Yajne on Dec 27, 2020 12:52am
Uncleron, the poster ScienceFirst is one of the low life scums of the earth that used to post on TLT as Bencro, when he actually did DD and had something useful to say. He has long ago gone to the 'dark side' with many aliases after numerous SH bans. He is best ignored. Don't waste your time responding to that low life scum of the earth liberal rat. Just hit ignore and be glad you did. ...more  
Comment by StevenBirch on Dec 27, 2020 9:17am
I agree he is opinion first science last, a real hack.
Comment by ScienceFirst on Dec 27, 2020 2:46pm
Bah!  Yajne, the one that don't want us to talk politics ... but that constantly does! Yajne is also recognized as a racist.  We have many examples. Like this one, where he vomits on Quebecers, but on the other hand, has to rely on 2 Quebec-based companies (HPQ and PYR) to succeed in his investments!   Yajne (1229) August 15, 2020 - 10:53 PM Post ...more  
Comment by ScienceFirst on Dec 27, 2020 2:47pm
Bah!  Yajne, the one that doesn't want us to talk politics ... but that constantly does! Yajne is also recognized as a racist.  We have many examples. Like this one, where he vomits on Quebecers, but on the other hand, has to rely on 2 Quebec-based companies (HPQ and PYR) to succeed in his investments!   Yajne (1229) August 15, 2020 - 10:53 PM Post ...more  
Comment by gebremeskel on Dec 27, 2020 4:30pm
It's pointless to waste bandwidth on those two far right Trump dead-enders. Better to just put them on ignore.
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