| Description |
1 online resource |
| Series |
CIGI Papers ; 118 |
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CIGI Papers ; 118
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Documents collection
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| Contents |
About the author -- About the Global Economy Program -- Executive summary -- Introduction -- A High-latitude breadbasket in a warming climate -- Water management will be key -- A growing market for renewable power -- Year-round shipping in the Northwest Passage -- Competition from Russia's Northern Sea Route -- Arctic shipping faces fuel cost dilemma -- The impact of El Niño droughts and melting permafrost on shipping -- Other opportunities -- Policy recommendations |
| Summary |
"Few countries have seen their economic aspirations frustrated by the imperatives of mitigating climate change as much as Canada, which once dreamt of parlaying its vast oil sands resource into becoming an energy superpower. However, global climate change, in conjunction with the national and international policies designed to mitigate it, will present some unique opportunities for the Canadian economy over the next several decades. Warming temperatures and longer growing seasons open the door to producing more value-added crops as the corn and soybean belts migrate north. The market for renewable wind and solar power in Canada is expected to see a quantum leap over the next decade and a half, as coal-fired power is phased out across the country. Stringent emission reduction targets in northeastern US states point to a growing market for Canadian hydro power, while there is a compelling economic case for Ontario to import comparatively cheap surplus hydro power from Quebec as an alternative to the costly refurbishing of its aging nuclear power plants. In the longer term, the melting of ice in the Arctic Ocean opens up the possibility of year-round shipping routes through the once-frozen Northwest Passage, which offers significant distance savings over traditional shipping lanes through the Panama or Suez Canals." -- From CIGI web site |
| Notes |
Title from content provider |
| Subject |
Political planning -- Canada
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Political planning
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Agriculture.
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Alberta.
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Arctic.
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Arctic ocean.
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Canada.
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Canadian prairies.
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Climate change mitigation.
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Coal.
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Darlington nuclear generating station.
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Electricity generation.
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Canada
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| Form |
Electronic book
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