Bringing climate policy up to date: decreasing cost projections for renewable

This case study examines how updated, lower cost projections for renewable energy and battery storage could allow Canada to increase the ambition of its Nationally Determined Contribution (NDC) emissions target.

• By accounting for technology cost reductions in wind, solar PV, and batteries since 2017 and assuming those savings are reinvested in the same technologies, Canada could potentially lower its NDC target (currently 30% below 2005 levels) by 1 to 2 percentage points, which equates to an absolute reduction of 4 to 9 MtCO2e by 2030.

APA

NewClimate Institute (2019). Bringing climate policy up to date: decreasing cost projections for renewable. https://newclimate.org/resources/publications/bringing-climate-policy-up-to-date-decreasing-cost-projections-for-renewable

Chicago

NewClimate Institute. Bringing climate policy up to date: decreasing cost projections for renewable. 2019. https://newclimate.org/resources/publications/bringing-climate-policy-up-to-date-decreasing-cost-projections-for-renewable.

Wikipedia

{{cite report |author=NewClimate Institute |title=Bringing climate policy up to date: decreasing cost projections for renewable |date=27 May 2019 |url=https://newclimate.org/resources/publications/bringing-climate-policy-up-to-date-decreasing-cost-projections-for-renewable |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2019bringing, author = {{NewClimate Institute}}, title = {{Bringing climate policy up to date: decreasing cost projections for renewable}}, institution = {NewClimate Institute}, year = {2019}, month = may, url = {https://newclimate.org/resources/publications/bringing-climate-policy-up-to-date-decreasing-cost-projections-for-renewable}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }