2023-04-28 Product news

Canada is moving closer to a low-carbon energy future - but is it fast enough?

New and improved federal subsidies for clean technology and other sustainability projects are helping businesses work towards a low-carbon energy future.

To remain competitive in the future, it will be critical that Canada can produce the cleanest energy. However, slow approval processes for new projects are the main roadblock slowing down Canada's clean energy development and manufacturing. 

 

"We need to get better at permitting large infrastructure projects and reduce regulations to get these things done, and not only talk about them on paper," said Yrjo Koskinen, BMO professor of sustainable and transition finance at the University of Calgary.

 

Read the full article here.

 

At Alfa Laval, we believe decarbonization is one of the most complex challenges of our time. Learn about how we're working to make a difference here.  

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