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News Release

NEIA encouraged by the priority placed on the green economy in the Premier’s Economic Recovery Team report

For Immediate Release
May 6, 2021

(ST. JOHN’S, NL) – The Newfoundland and Labrador Environmental Industry Association (NEIA) is encouraged by the strong language used in the Premier’s Economic Recovery Team (PERT) report related to the transition towards a green economy.

“While there is much for us to review in detail in this substantive report, we are very pleased to see such strong emphasis placed on the opportunities for Newfoundland and Labrador associated with clean growth,” said Kieran Hanley, NEIA’s Executive Director.

“NEIA strongly believes that a deliberate and strategic approach to the energy transition can yield enormous gains for the province – helping to grow and diversify its economy in a transformative way.”

Hanley points to the report’s references to hydrogen production, renewable energy development, and lowering emissions within the offshore oil and gas industry as being aligned with NEIA’s vision for Newfoundland and Labrador’s economic recovery.

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“PERT says it believes that Newfoundland and Labrador has the assets to be a leader in the green revolution, and NEIA could not agree more,” said Hanley.

“Rising to the challenge before us must include realizing the potential of each of these opportunities,” said Hanley. “To do so will require a great deal of proactivity in the development of strategy, attraction of investment, and the cultivation of specific projects.”

“NEIA and its partners have the insight and the ambition to help the province realize these opportunities,” said Hanley, “and it is our hope that we can work with the Government of Newfoundland and Labrador to action some of these recommendations in the very short term.”

“Lastly, on behalf of the association, I want to thank Dame Moya Greene and the entire Premier’s Economic Recovery Team. It is evident that a substantial amount of research and analysis went into these recommendations. We are appreciative of the time, effort, and passion that you have committed to envisioning the future of Newfoundland and Labrador.”

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. NEIA has over 200 members. More information can be found at https://neia.org.

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Media Contact
Kieran Hanley, Executive Director NEIA
kieran@neia.org

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