Friday, February 12, 2016
The United States, Canada, and Mexico reached an agreement today forming a plan to increase energy interdependence and collaboration to curb greenhouse gas emissions.
The deal looks to bring all three North American countries together by facilitating the cooperation and coordination in multiple areas:
- Sharing data on energy supplies and distribution
- Sharing information and data in regard to new clean energy initiatives
- Methods for improving energy efficiency across the continent
- Development of carbon capture and storage technology
This agreement comes just a few days after the U.S. Supreme Court made the decision to place President Obama’s Clean Power Plan on hold until it hears arguments from states and business groups that are questioning its constitutionality. Many states have made it clear that they will drag their feet when it comes to the implementation reduced emissions from coal-fired power and expanding the use of natural gas, hydro, and other renewable sources.
Regardless of what happens when all the dust settles, it’s becoming clear that clean energy will be a major player in the future. Canadian exports of electricity to the United States have reached a record high. And while solar and wind generation have somewhat slowed in the past couple years, they continue to increase at a significant rate.