Ottawa at Risk with Exclusive Focus on Oil Investment, Conference Told

The Canadian government’s mono-focus on fossil fuel development as an economic driver is increasingly risky as other countries take action to reduce carbon pollution. The United States and China, among others, are taking serious steps to boost energy efficiency and convert from fossil fuels to renewables. In this speech to the Sustainable Prosperity conference in Ottawa April 28, Jeremy Oppenheim of McKinsey & Co. added to warnings that countries dare not miss out on the economic benefits of the cleantech transition. Bonus reading: Oppenheim was speaking as program director for the New Climate Economy Project, a project of the Global Commission on the Economy and Climate, http://newclimateeconomy.net/. (h/t Clean Energy Review)