This post is part 3 of 3 exploring sustainable finance, bringing together the perspectives of three of our Core Working Group members: Patrycja Drainville (Associate Director, Sustainable Finance, Scotiabank), Chad Park (Vice President, Sustainability & Citizenship, The Cooperators), and Jamie Bonham (Director of Corporate Engagement, NEI Investments) Italian writer and philosopher Niccolo Machiavelli knew a thing or two about power, and his observations have guided politicia

Transition is a sticky word for a lot of people. Add “net-zero” or “pipeline” to the mix and you might even spark a wave of public passion. But emotions are always anchored in something and those relating to Alberta’s energy transition carry no exception. Sure, through the years we’ve talked about net-zero by 2050 but these conversations have often carried an element of speculation. A nice theory, one might say, but how will we get there? While the answer to this question is

This post is part 2 of 3 exploring sustainable finance, bringing together the perspectives of three of our Core Working Group members: Patrycja Drainville (Associate Director, Sustainable Finance, Scotiabank), Chad Park (Vice President, Sustainability & Citizenship, The Cooperators), and Jamie Bonham (Director of Corporate Engagement, NEI Investments) As vaccines pour in across the developed world, jobs are coming back by the thousands to industries and sectors that were hit

This post is part 1 of 3 exploring sustainable finance, bringing together the perspectives of three of our Core Working Group members: Patrycja Drainville (Associate Director, Sustainable Finance, Scotiabank), Chad Park (Vice President, Sustainability & Citizenship, The Cooperators), and Jamie Bonham (Director of Corporate Engagement, NEI Investments) If there was ever any doubt that net-zero finance was the way of the future, former Bank of Canada and Bank of England governo

We’re often told that we need to do a better job of  telling our stories.  There are plenty of  narrative opportunities  to be explored within the energy sector and yet, despite an emerging consensus around the importance of storytelling, it’s often difficult to identify and breathe life into the stories that shape our companies, technologies or relationships with energy. So in this post, I’ll explore a few practical approaches to storytelling that we can draw on to spark cur

Alberta’s hydrocarbon sector faced an uncertain future in a world moving towards lower-carbon energy before the pandemic, with existing trends  accelerating  since March 2020. This uncertainty towards the future of the sector offers both risks and opportunities. The province’s rich natural resource wealth and highly skilled workforce have potential to capture a growing share of the clean technology market, and play a pivotal role in reaching climate targets. In order for Albe

Planning for the future is complicated. We don’t know for sure what the future will look like. That means — and forgive me for being a little nerdy here — defining “future fitness” is a  probabilistic  question: we have to assess “fitness” across a range of possible futures. At the same time, the future also isn’t entirely out of our control. Policy choices we make now can influence which futures are more (or less) likely to come to pass. Sound complicated? A new report from

Around the world, countries, corporations, and people are picking up the call for a net-zero future. This global rallying cry is highlighting that we need to do more to reach a lower emissions future and we need to do it at an exponential pace. We cannot close the gap between our reality today, and our aspirations for what is possible, without developing and deploying technologies that both manage our greenhouse gas emissions and add value to our economy. The transition to a

A shift towards a world with drastically lower carbon emissions appears to be in the cards. The UNFCC noted that  global commitments to reach net-zero emissions  from regions, cities, corporations, and countries has doubled since September 2019, and that was before China, Japan, and South Korea  all pledged  to reach net-zero emissions by 2050 or 2060. This transition towards low carbon emission energy sources in global markets will utterly transform resource economies long-t

As a second COVID wave hits the province with full force and the impacts of prolonged economic repercussions become clearer, Alberta faces challenges that will ask us to reimagine what it means to bring our ingenuity, expertise, and innovative spirit to bear. In a province already reimagining the future of its energy sector, COVID-19 has shocked demand and disrupted expectations we might have had about what the future could look like. This turbulence has been accompanied by a

Sitting in his kitchen with a ballpoint pen and a small coiled notebook, Walter considers his expenses. With December looming around the corner, he laments the fact that his furnace, after all these years, has chosen to retire on the heels of winter. With his natural gas furnace no longer working, Walter has purchased two electric heaters to warm his home. These new additions leave him feeling unsure of how best to tackle his energy bills and this nervousness inspires him to

The outbreak of COVID-19 has triggered a global economic crisis that was unimaginable even two weeks ago, and perhaps nowhere is that being felt more acutely than in Alberta. In addition to the obvious consequences of social distancing on businesses and industry, we’re also dealing with a gut-wrenching collapse in oil prices that’s being driven in part by a deepening conflict between Saudi Arabia and Russia. Taken together, the combination of falling oil prices and a temporar

We are excited to announce our newest Fellows! The EFL has been steadily welcoming new Fellows since its inception in 2015. We now have over 65 Fellows from different organizations and communities to advance EFL initiatives and continue to shape the energy system the future requires of us. The EFL Fellows have demonstrated the power of shared leadership, co-creation, and experimentation. We are proud of our Fellows and are excited to announce this impressive group who will c

In March this year we were all shocked by the COVID pandemic, causing a massive disruption in our personal and professional lives. One of the areas that, in particular, was disrupted were in-person gatherings, such as workshops, conferences and meetings. For those, like myself, who work on challenges that require innovation and collaboration of diverse groups of people, this provoked a major question: How can we continue to create engaging online experiences that are effectiv

As governments and industry around the world work to jump-start their economies and restart their businesses without triggering a second wave of COVID-19 infections, they’re suddenly open to ambitious ideas and policies that were on a slow track before the virus struck. But in straining for the highest fruit on the tree, we need to be careful that we don’t miss one of the easiest pieces to pick: energy efficiency. It will deliver results — and deliver them quickly. Installati

In August of 2018 I had the good fortune to spend two weeks at the Banff Centre for Arts & Creativity for a Summer Writers Retreat. My project for that time was to write about the Energy Futures Lab. It was an intimidating program in the sense that I was there with people who were actual writers. I was one of only two non-fiction writers amidst a group of almost 20 very talented storytellers. At that time I had already made a shift in my role with the Energy Futures Lab to a

A New Reality Our world is shifting towards a low-carbon economy and the Canadian and global energy marketplace is changing. Many will debate the pace of this shift, but one thing we are certain of is that the shift is happening. Much of this is driven by increasing concerns about our changing climate. A recent study by Canadian federal scientists and academics has warned that Canada’s climate is warming more rapidly than the global average. These shifts and uncertainties ha

“We can’t forecast our way to the future that we want,we really need to begin with the end in mind.” – Chad Park, Lead Animator with Energy Futures Lab For years, the work explored within Energy Futures Lab (EFL) has flown mostly under the radar. Our community has collaborated on initiatives aimed at building a thriving, future economy. Now, a global shift is occurring and the Lab is seeing opportunities to expand our community and engage more broadly. On April 16th, the EFL

There’s never a bad time for the Energy Futures Lab to meet, but the gathering in February in Cochrane was particularly timely. In the wake of Teck Resources’s decision not to proceed with its Frontier Oil Sands project, and in the shadow of both a national conversation over Coastal GasLink and Indigenous rights and a growing provincial one about the merits of separation from Canada, the time was right to ask some tough questions. Things would get even crazier in the days tha

Since its inception, the EFL has had the intention to both include Indigenous people, partners, and perspectives as well as acknowledge and address, in its work, issues related to Indigenous people’s relationships to the energy system. As we step along our Truth and Reconciliation journey, we are embracing a knowing that this aspect of our work needs to be improved and deepened if we truly intend for the Lab to represent what is possible for today’s energy system in Alberta,