Throne speech pledges 'energy superpower' future but observers flag climate impact on cost of living

Throne speech pledges 'energy superpower' future but observers flag climate impact on cost of living


But several cautioned that job creation and economic growth in the face of the ongoing US trade war must not impede progress on the energy transition when the cost of living is skyrocketing due to grocery prices jacked up by climate change-fuelled supply-chain upheaval; rising home insurance premiums connected to extreme weather; and tax hikes linked to paying for disaster recovery and infrastructure repair. King Charles’ speech from the throne was widely welcomed by clean energy, environmental and industry organizations in Canada for its emphasis on strengthening the country’s economy led by a strategy to become a world leading “energy superpower” that was more competitive globally and combatted the climate crisis. He said that the 2,000 energy sector companies in the CFIB’s membership would be cheered by the throne speech “in that it both continued the Trudeau government’s focus on clean energy but included conventional energy too.

Author: Darius Snieckus


Published at: 2025-05-27 22:05:50

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