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Opinion

Combatting climate change through better IP policy

By Adam Kingsley      

If we truly believe climate change to be the fight of our time, and the government believes Canadian companies can be significant players in the global clean-tech market, we need to support them through good IP policy incentives.

Innovation Minister Navdeep Bains, pictured on Jan. 28, 2020 in a Hill scrum, is the federal minister responsible for intellectual property. The Hill Times photograph by Andrew Meade

Much of the conversation in 2019 in politics regarding climate change revolved around carbon pricing and its effectiveness on combatting the realistic threat that Canada and the world faces from rising temperatures. This, coupled with the conversations on Trans Mountain pipeline, unfortunately took most of the oxygen away from conversations about how to spark growth in Canada’s growing clean technology sector. This is an industry that should be positioned to take advantage of a global clean technology market which is expected to exceed $2.5-trillion by 2022. Canada’s Economic Strategy Tables have also set an ambitious goal for clean technology to be one of our top five exporting industries by 2025, accounting for $20-billion in annual exports.

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