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CleanTechnica•2 months ago

•A Royal Society report strongly advises against geoengineering due to significant climate and political risks, indicating this will not be a primary climate solution.
•This reinforces the energy industry's continued reliance on conventional decarbonization strategies, such as renewables, storage, and grid modernization, to meet climate goals.
•For developers and large power consumers, this means sustained pressure and opportunity in established clean energy technologies and procurement methods (e.g., PPAs) will persist, without a geoengineering 'silver bullet' emerging.

policy

CleanTechnica•2 months ago

•Canada introduces a 15% refundable Clean Electricity Investment Tax Credit (CEITC) applicable to new clean electricity generation, storage, and inter-provincial/territorial transmission projects.
•This policy aims to establish a national electricity backbone, significantly reducing capital costs for eligible infrastructure and enhancing project economics for developers and IPPs.
•The CEITC incentivizes critical transmission links, potentially leading to more efficient power markets, improved grid reliability, and optimized resource utilization across Canadian provinces for large power consumers.

policy

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