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Canada in a Low-Carbon World: Impacts on New and Existing Resources

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  • Andrew Leach

Abstract

Moving to a low-carbon future will create challenges for Canada's fossil-fuel industries, but opportunities in the form of a new market for low-carbon goods and services. The challenges for the resource sector will vary across commodities. Competition in the new market for low-carbon goods and services will be tough; sustained competitive advantage will be difficult to maintain due to capital mobility. With these challenges in mind, this article proposes three questions for Canadians looking ahead to a low-carbon future. First, how large will the market for low-carbon goods and services be? Second, where are Canada's advantages likely to lie in serving these markets? Finally, what are the roles for Canada's existing natural-resource industries in a low-carbon economy, and what are the strategies to maximize the value of these resources?

Suggested Citation

  • Andrew Leach, 2016. "Canada in a Low-Carbon World: Impacts on New and Existing Resources," Canadian Public Policy, University of Toronto Press, vol. 42(s1), pages 18-23, November.
  • Handle: RePEc:cpp:issued:v:42:y:2016:i:s1:p:18-23
    DOI: 10.3138/cpp.2015-018
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