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Energy vs Climate: Can Contracts for Difference Keep Canada Competitive?

Another day, another big industrial decarbonization spending announcement from the U.S. – this time $6 billion for commercial demonstrations. Major announcements like that in Canada are few and far between. As we discussed back in Episode 3 last October, the U.S. Inflation Reduction Act’s generous policy supports have the potential to hoover up the global decarbonization dollars looking for a safe and stable investment environment – at Canada’s expense.

That FOMO has caused the Canadian federal government to commit to a “contract for difference” policy to bridge the competitiveness gap. So what is a contract for difference (aka ‘CfD’) and how can it help industrial decarbonization? What problems are CfDs designed to address? Where have CfDs been used, and were they successful? And ultimately, will they work to keep Canada competitive with the U.S. in the no-holds-barred clean energy transition race?

Join David, Sara, and Ed on Season 4 Episode 8 of Energy vs Climate to find out. They'll be joined by special guest Dr. Chris Bataille, Adjunct Professor at Simon Fraser University and researcher with the Institut du Développement Durable et de Relations Internationales (IDDRI.org) to discuss his recent research, with Seton Stiebert, into CfD policy and his work with the Net Zero Steel project.

Time: March 28 at 11:00 a.m. MT / 1:00 p.m. ET.

Mar 28, 2023 11:00 AM in Mountain Time (US and Canada)