See Part 1. In August 2023, the Government of Canada released the draft Clean Electricity Regulations (CER), outlining the details of a major new policy that is to play a critical role in decarbonizing the country’s electricity grids, building on clean electricity’s competitive advantage. There are many opinions about whether the regulations have struck the right balance in attempting to drive significant emission reductions, while ensuring electricity remains affordable and reliable. In the first part of this two-part series, we looked at some of the important design elements and the trade-offs they sought to balance. In part two, we put the regulations in a broader context, discussing
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