Net Zero Solutions Business Roundtable Whitepaper Delivers Principles for Success
Today the Net Zero Solutions Business Roundtable published a whitepaper offering important insights into how business and government can collaborate to position B.C. to reduce emissions, attract investment and compete as the world transitions to a net zero economy.
Companies offering net zero solutions in BC are encountering barriers to investment or experiencing challenges securing local markets for their products and services. These challenges, if left unaddressed, could lead to forgone economic growth, job creation and emissions reductions.
Given the urgency of climate action and global competition for capital, B.C. has a critical opportunity to align the province’s CleanBC climate plan and forthcoming economic strategy, and to partner with the private sector to secure the participation and investment needed to meet B.C.’s goals. B.C.’s net zero solution providers stand ready to partner with government in these pursuits.
The Roundtable’s new whitepaper, How B.C. Can Compete in a Net Zero World - Insights from the Net Zero Solutions Business Roundtable, lays out 8 principles to guide the design of government programs, policies and economic strategies that will prove necessary if B.C. is to build a net zero economy that will compete and thrive while achieving the province’s ambitious climate goals. By enabling market diversity and competition, B.C. can spur innovation and attract private investment, minimizing the cost to ratepayers and taxpayers.
About the Roundtable
The Net Zero Solutions Business Roundtable is a collection of companies delivering net zero products and services in B.C. It is co-chaired by ChargePoint Canada Inc. and Innergex Renewable Energy Inc., and includes Ballard Power Systems Inc., Carbon Engineering, Cascadia Windows & Doors, HCMA, Hydra, Loop Energy Inc., Small Planet Supply and Terramera. Collectively, our companies:
Employ more than 1,500 British Columbians
Have raised over $2 billion in equity in the past 24 months
Invest over $150 million annually in B.C.
Hold more than 1,600 innovative technology patents
Have helped reduce over 7 million tons of GHG emissions
