Dan Woynillowicz Profile picture
May 19, 2020 4 tweets 3 min read Read on X
What makes a stimulus investment “shovel worthy”? We @cleanenergycan laid out some criteria:
How many jobs are created/$ invested? Are they secure jobs in sunrise industries w post-stimulus opps? 1/
cleanenergycanada.org/canada-can-tak… @AaronWherry #cdnpoli #ResilientRecovery #shovelworthy
@cleanenergycan @AaronWherry Would the investment capitalize on or spur Canadian innovation that might give us a competitive advantage? Would it help create or benefit an existing Canadian supply chain?
What are the prospects for leveraging private sector capital? 2/
@cleanenergycan @AaronWherry Would the investment encourage cleaner energy and more efficient, productive uses of that energy?
Would it contribute to cutting carbon pollution in support of our 2030 climate target and a net-zero 2050?
Gov’t will need a tool to ask & answer these (& other) Qs while 3/
@cleanenergycan @AaronWherry being mindful of data availability & efficiency (both for project proponents & those reviewing proposals).
Shovel-ready is well and good, but we have a chance now to build a shovel-worthy decade. 4/4

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More from @DanWoy

Nov 17, 2022
This piece by @merransmith & Mark Zacharias raises important Qs about possible opportunity costs of more LNG in BC: how we best use our clean electricity. vancouversun.com/opinion/mark-z… It's not an argument against electrifying any additional LNG (incl a possible 2nd phase 1/ #bcpoli
@merransmith of LNG Canada), which would be essential to having any hope of achieving the province's climate targets, but rather raises the Q of whether BC cld do this AND electrify other industries, not to mention heat for buildings & a rapidly growing # of EVs. We will only be able to 2/
@merransmith build so much new electricity so fast - what is its highest value use recognizing electrification can reduce emissions & energy costs & support economic dev't?
A possible hierarchy could look like:
1) Meet the needs of BCians & biz/industries that are increasingly choosing to 3/
Read 8 tweets
Jun 29, 2022
"CAPP must do a much better job of talking to the investment community about its own net-zero goals, & the industry’s swath of investments in clean & emissions-reducing technologies.”
The problem isn’t the storytelling, it’s the story.
Let’s start with net zero goals.
1/ #cdnpoli
None of CAPP’s members have goals aligned with the Net Zero Standard for Oil & Gas, which is backed by >20 global investors with ~$10 trillion of assets under management. greenbiz.com/article/whats-…
Why not? They refuse to include the pollution from burning their product.
2/
How about investments in clean & emissions-reducing tech?
Don’t just give us dollar numbers, put it in context.
IEA estimates this will only account for ~5% of upstream spending in 2022 (mostly thanks to European co’s)—95% to sustaining & increasing fossil fuel production. 3/
Read 5 tweets
Sep 26, 2020
Yes! —> "Canada needs a new breed of corporate champion, & clean energy is the place to look” But I’d expand the definition of “clean energy” beyond renewables to include efficiency & zero emission end use technologies. We already have champions, but... 1/ theglobeandmail.com/business/artic…
most aren’t big & they’ve been focused more on growing than headlines & PR. Companies like @innergex_ine @BErenewables @PowerGreengate @Clirrenewables @NRStorTweets & @MorganSolar, @ecobee & @getmysa, @LionElectricCo @hydrogenics @BallardPwr @Proton_Canada @e3metalscorp & the 2/
@innergex_ine @BErenewables @PowerGreengate @Clirrenewables @NRStorTweets @MorganSolar @ecobee @getmysa @LionElectricCo @hydrogenics @BallardPwr @Proton_Canada @e3metalscorp list goes on. They deserve the same kind of support & attention that the resource & auto sectors have received for decades. They deserve to be household names, & I’m confident many of them will. The #cdnmedia shld be covering them & the clean energy sector in greater depth. 3/
Read 6 tweets
Aug 17, 2020
The only way hydrogen might serve as anything other than a short-lived “lifeline” for O&G in Canada is if there is laser-like focus on producing the cleanest H in the world. bloomberg.com/news/articles/… Slapping carbon capture & storage on SMR (“blue”) hydrogen isn’t... 1/ #cdnpoli
…going to cut it given the significant upstream methane emissions from O&G production theglobeandmail.com/business/artic… Need step-wise changes in tech, e.g. @Proton_Canada nationalobserver.com/2020/07/14/new… Canada needs clean hydrogen to help decarbonize the “toughest third” industrial… 2/
…& transportation emissions (steel, heavy-duty trucks, shipping and cement) forbes.com/sites/mikescot… & we are well-positioned to be a significant exporter. belfercenter.org/sites/default/… How big is the opportunity? IHS Markit: "The greater the degree of a decarbonization...” 3/
Read 8 tweets
Jun 20, 2020
A timely #ResilientRecovery piece. It’s notable how Europeans (Germans especially) are considering their stimulus/recovery plans: “The decision on what policies to support shouldn’t be purely based on deep economic analysis, but it should also take into account …" 1/
“...future trajectories and needs.” bloomberg.com/news/articles/… Relative to 2008-09, “This time there’s one big opportunity and one big enabler: The opportunity is to build competitive advantage in new industries; the enabler is cheap debt.” 2/
It’s critical to note that just throwing $ at hydrogen would fail. The fundamental challenge rests with the fact that to enable hydrogen requires systems-planning (producing, moving and using it) & new regulatory frameworks to accommodate a new energy commodity. We have… 3/
Read 6 tweets
Jun 1, 2020
Well this is a demonstrably bad take. There are a multitude of ways—other than raising the price on carbon pollution—in which the gov’t can deliver a green recovery without micromanaging “winning” technologies. Contrarianism for the sake of contrarianism is just lazy. 1/ #cdnpoli
Building codes set energy performance benchmarks. Ditto vehicle emission standards. But gov’t, through stimulus, can enable more retrofits and more clean vehicle sales. The same goes for various industrial sectors—cement, steel, etc. Nobody is suggesting picking specific tech. 2/
Looking at recovery strictly through a lens of job creation, a green recovery delivers more effectively. With the co-benefit of reduced pollution—helping fight climate & reducing healthcare costs. See: smithschool.ox.ac.uk/publications/w… & mckinsey.com/business-funct… 3/
Read 5 tweets

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