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Doctor Renewable

Eric dis­cuss­es why Europe is so far ahead in terms of the ener­gy tran­si­tion. Cana­da is stuck at 19% renew­ables for the last 3 decades and does not want to ditch the net-zero bench­mark so it can pro­mote using fos­sil fuels to fix fos­sil fuels to cre­ate more mar­ket for fos­sil fuels dur­ing the cli­mate cri­sis. How­ev­er, Europe is mov­ing ahead with the renew­able ener­gy bench­mark. It is now com­mon in Europe to not use the net-zero bench­mark and talk of the per­cent­age of renew­able bench­mark, demon­strat­ing a much bet­ter mas­tery of how to address the ener­gy tran­si­tion. Europe is hav­ing dis­cus­sion that since they are achiev­ing their tar­gets for 2030, why not move the goal post to 45% renew­ables. Such dis­cus­sion is beyond the reach of Cana­da as we try to decrease ener­gy effi­cien­cy with hydro­gen for vehi­cles and car­bon cap­ture to expand fos­sil fuel demand. Robert is excit­ed about a new wind mill tech­nol­o­gy being pre­sent­ed in an arti­cle. Eric goes through the arti­cle high­light­ing cer­tain aspects which makes the prod­ucts not appear as rosy as Robert thinks it is show­ing there is work ahead for this com­pa­ny to achieve commercialization.