With smart policy, Canada’s clean energy sector is poised for rapid growth as fossil fuels slow down. The new energy era has already begun.
In short, the report says:
- The clean energy sector is forecast to add 160,000 new jobs between 2020 and 2030, while the fossil fuel energy sector is set to lose 50,000 jobs over that same period—a net increase of 110,000 energy jobs.
- By 2030, the clean energy sector will employ well over half a million Canadians (559,400). The sector’s GDP is set to grow 3.4% annually—more than double the Canadian average (1.5%) and almost nine times the fossil fuel sector (0.4%).
- But these job gains are based on policies implemented or announced earlier this year. Already some have been axed by provincial governments in Ontario and Alberta, which will have an impact on future clean energy jobs.
The world is transitioning to a low-carbon future. From our electric bus manufacturers supplying buses across North America to the Canadian technology that turns trash into fuel now found across Europe, Canada’s clean energy industries and technologies will keep us internationally competitive.
And the policies that support them will keep us on track to fight climate change. There is more to do, not less. The clean energy sector is ready to get a lot bigger. Now we need to support its growth. For our economy, our livelihoods, and our environment, let’s choose the fast lane.
Clean Energy Canada