Canada needs strong climate policy to be competitive in countries beyond the U.S.
Summary
The author contends that Canada needs a strong climate competitiveness strategy to diversify trade beyond the United States and remain competitive in markets like the EU, UK, and China. The text highlights the rapid global decline in costs for solar, wind, and batteries, and suggests specific policy actions for the Canadian government, including strengthening industrial carbon pricing, expanding electricity grids, reducing methane emissions, and maintaining the federal electric vehicle mandate.
Key insights
- Canadian businesses must be competitive in international markets that are rapidly adopting clean energy and implementing carbon tariffs, specifically citing the European Union and the U.K.
- China is a critical market where renewable energy installations are growing rapidly, carbon market coverage is expanding, and electric vehicles account for approximately 50% of new car sales.
- Global energy markets are being reshaped by a significant drop in technology costs over the last decade: solar power and batteries decreased by 80%, offshore wind by 73%, onshore wind by 57%, and lithium-ion batteries by 90% since 2010.
- The author recommends several specific policy measures for Canada's climate competitiveness strategy: strengthening industrial carbon pricing, building cleaner and smarter electricity grids, reducing methane emissions from oil and gas, creating a sustainable investment taxonomy, and maintaining the federal electric vehicle mandate.
Cite the original document
- APA
- Canadian Climate Institute (2025). Canada needs strong climate policy to be competitive in countries beyond the U.S. https://climateinstitute.ca/canada-needs-strong-climate-policy-to-be-competitive-in-countries-beyond-the-u-s/
- Chicago
- Canadian Climate Institute. Canada needs strong climate policy to be competitive in countries beyond the U.S. 2025. https://climateinstitute.ca/canada-needs-strong-climate-policy-to-be-competitive-in-countries-beyond-the-u-s/.
- Wikipedia
- {{cite press release |author=Canadian Climate Institute |title=Canada needs strong climate policy to be competitive in countries beyond the U.S. |date=20 October 2025 |url=https://climateinstitute.ca/canada-needs-strong-climate-policy-to-be-competitive-in-countries-beyond-the-u-s/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{canadianclimateinstitute2025canada, author = {{Canadian Climate Institute}}, title = {{Canada needs strong climate policy to be competitive in countries beyond the U.S.}}, publisher = {Canadian Climate Institute}, year = {2025}, month = oct, url = {https://climateinstitute.ca/canada-needs-strong-climate-policy-to-be-competitive-in-countries-beyond-the-u-s/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated