Analyzing Canada’s Ecosystem for Carbon Emissions Reduction Technologies

March 7, 2017 | State of the Market Report

In October 2016, Canadian Prime Minister Justin Trudeau made a landmark announcement requiring Canadian provinces to implement a carbon pricing scheme by 2018. In this report, we analyze Canada’s ecosystem for carbon emissions reduction technologies, identifying both well-positioned and high-potential technology developers capable of driving down the country’s emissions across seven key sectors – oil and gas, transportation, electricity, buildings, industrial, agriculture, and waste. Looking towards Canada’s 2030 emissions target, several promising technology developers present near-term solutions for incremental emissions benefits, as truly disruptive emissions reduction technologies require mid- to long-term development before widespread commercial deployment.

Coverage Areas

  • Accelerating Materials Innovation
  • Advanced Materials
  • Agro Innovation
  • Alternative Fuels
  • Bio-based Materials and Chemicals
  • Consumer Choices in Food, Health, and Wellness
  • Energy Storage
  • Exploration and Production
  • Future Grid
  • Nanotechnology
  • Next Generation Power
  • Owning the Energy Transition

Table of Contents

  • Executive Summary
  • Landscape
    To curb its ever-increasing emissions, Canada has implemented a nationwide carbon tax, which will generate tens of billions of dollars in revenue by 2030.
  • Analysis
    Canada’s vibrant ecosystem of technology developers presents several solutions for potential GHG emissions reduction across all seven sectors.
  • Outlook

Lead Analyst

Yuan-Sheng Yu
Senior Analyst

Contributors

Katrina Westerhof
Arij van Berkel

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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