The Business of the Environment.

NEIA is a not-for-profit association of businesses that promotes the development of clean technology and the growth of the green economy in Newfoundland and Labrador.   > MORE

   SIGN UP FOR E-MAIL UPDATES
THE BEST WAY TO STAY UP-TO-DATE WITH GREEN ECONOMY NEWS AND EVENTS IN NL

Events Calendar

This Week's Highlights

News Release

EDITORIAL: It’s time to talk about carbon pricing in N.L.

Below is an excerpt from NEIA Chair Alex Templeton’s recent editorial in The Telegram on carbon pricing and the establishment of a Clean Technology Innovation Fund. Click here to read the entire piece.

Expected revenues from carbon pricing aren’t insignificant.

In 2019 Newfoundland and Labrador will likely see tens of millions of dollars, growing to potentially hundreds of millions by 2022. Though other provinces are reinvesting 100 per cent of carbon pricing revenues into programming to help individuals, businesses, and industries deal with rising costs, we accept that Newfoundland and Labrador faces extraordinary fiscal challenges and that this isn’t possible in our jurisdiction.

We do believe that it’s critical to provide some level of support to those industries on which our provincial economy relies, where there may not be ready-made solutions to help reduce carbon pollution. Industry will need help to make the investments required to develop new clean technologies.

As such, NEIA is calling on the province, as part of its carbon pricing plan, to establish a Clean Technology Innovation Fund.

  SHARE THIS:

What is clean technology? What does it mean for Newfoundland and Labrador?

CLICK HERE TO LEARN MORE

Get the latest information.

Sign up for NEIA's weekly email newsletter and stay informed on our activities and initiatives, cleantech business opportunities, and the latest green economy news relevant to firms in Newfoundland and Labrador.