This policy paper was developed as part of Smart Prosperity’s contribution to the Energy Futures Policy Collaborative hosted by the Energy Futures Lab.
As an increasing number of countries commit to net-zero greenhouse gas emissions targets, resource-producing regions and sectors are considering the threats and opportunities associated with ambitious climate action. In alignment with this emerging and important debate, the Energy Future Policy Collaborative is seeking to answer a single guiding question:
How might we use public policy to help attract greater investment into the innovation and infrastructure for “future-fit hydrocarbons”, in light of global investors’ increasing concern with climate change and growing appetite for low-emissions/ transition-oriented opportunities?
This paper builds on existing literature to examine factors that could allow for the renewal of the Alberta hydrocarbons cluster into a future-fit hydrocarbons cluster.