Intersection of climate change and innovation a natural home for government policy
Good innovation policy isn’t easy, but the economic and environmental challenges we face demand action, and lessons from recent experience can guide the way for a government ready to lead.
In Canada, one instructive example of innovation policy can be found in the development of in-situ production technology for Alberta’s oil sands—a clear case of government innovation responsible for industry development with significant purely government funded innovation. Although the industry’s carbon footprint presents new challenges in the 21st century, the lessons about government’s role in markets are highly relevant when considering approaches to address climate change today. The Hill Times photograph by Jake Wright