GZERO World with Ian Bremmer
Can we keep energy affordable, safe, and secure?
Sep 19, 2024
Lisa Raitt, Vice Chair of Global Investment Banking for CIBC Capital Markets and former Canadian parliament member, discusses the intricate dynamics of the global energy transition. She emphasizes the need for collaboration between governments and businesses to create a sustainable and affordable energy future. Key topics include balancing energy affordability with safety and the critical role of public policy. Raitt also highlights Canada's unique challenges and the importance of strategic investments in cleaner technologies while maintaining economic growth.
34:30
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Quick takeaways
- The energy transition must balance affordability with sustainability, requiring tailored approaches for diverse communities' varying energy needs.
- Effective public policy and collaboration between governments and the energy sector are crucial for advancing clean energy technologies and achieving economic growth.
Deep dives
Balancing Affordability and Sustainability in Energy Transition
The energy transition requires a careful balance between affordability and sustainability. As energy costs continue to rise, individuals are increasingly concerned about the financial implications of adopting cleaner energy solutions. Acknowledging that not all communities are starting from the same place, it is essential to meet people where they are in their energy journey, whether it involves shifting from coal to oil or from natural gas to renewables. Achieving a fair transition will necessitate dialogue and cooperation among stakeholders, including governments, businesses, and communities, to pursue equitable and practical solutions.
