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Majority of Canadians Back Carbon Capture and Energy Corridor Projects, MEI-Ipsos Poll Finds

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Majority of Canadians Support Energy Corridors and Carbon Capture, MEI-Ipsos Poll Finds

According to a recent Montreal Economic Institute-Ipsos poll, two in three Canadians support the establishment of "energy corridors" for interprovincial energy transportation projects. The concept of energy corridors refers to designated rights-of-way for pipelines and power lines, streamlining the process of energy transportation. The survey revealed that support for energy corridors was above 60% in all regions of the country, with Alberta and the Prairie provinces showing the highest levels of support at 73% and 71%, respectively.

Broad Support for Carbon Capture and Underground Storage

The poll also found broad support for carbon capture and underground storage among Canadians. Once the technology was explained, six in ten Canadians agreed that carbon capture and underground storage could make a meaningful difference in the fight against climate change. Support for these technologies was highest in the Prairie provinces, with 67% in favor. However, the survey highlighted the need for public education, as half of Canadians admitted to being unfamiliar with these technologies.

Additional Survey Findings

Other findings from the survey include over half of Quebecers supporting the restart of the GNL Québec liquid natural gas export pipeline project, and over seven in ten Quebecers supporting the construction of more dams and wind farms to address the looming electricity shortage. Quebecers were divided on the restart or construction of new nuclear facilities to address the expected electricity shortage. The poll, conducted among a representative sample of 1,161 Canadians aged 18 years and over, provides valuable insights into public opinion on energy projects. The results demonstrate the importance of public education and awareness in promoting support for innovative energy solutions. In conclusion, the MEI-Ipsos poll highlights the majority support among Canadians for energy corridors and carbon capture. These findings indicate a positive outlook for the development of energy transportation projects and the adoption of technologies to combat climate change.

Implications of Canadian Support for Energy Corridors and Carbon Capture for New Businesses

The results of the recent Montreal Economic Institute-Ipsos poll, showing that the majority of Canadians support the establishment of energy corridors and carbon capture, carry significant implications for new businesses in the energy sector. The concept of energy corridors, which refers to designated paths for pipelines and power lines, is supported by over 60% of Canadians across all regions. This strong public backing can potentially expedite the approval process for interprovincial energy transportation projects, opening up opportunities for new businesses to enter the market and contribute to Canada's energy infrastructure.

Opportunities in Carbon Capture and Underground Storage

The poll also revealed broad support for carbon capture and underground storage, with six in ten Canadians agreeing that these technologies could make a meaningful difference in the fight against climate change. However, the survey also highlighted a gap in public understanding of these technologies, indicating a need for increased education and awareness efforts. This presents an opportunity for new businesses to not only invest in these technologies but also lead the way in educating the public about their benefits and importance.

Additional Opportunities in the Energy Sector

The survey findings also suggest strong support for other energy projects, such as the restart of the GNL Québec liquid natural gas export pipeline project and the construction of more dams and wind farms. These projects could help address the looming electricity shortage, providing further opportunities for new businesses in the energy sector. In conclusion, the MEI-Ipsos poll results indicate a positive outlook for new businesses in the energy sector, with strong public support for energy corridors, carbon capture, and other energy projects. However, these businesses must also take on the responsibility of educating the public about these technologies to ensure continued support and successful implementation.
Story First Published at: https://financialpost.com/globe-newswire/mei-ipsos-poll-majority-of-canadians-support-carbon-capture-energy-corridor-projects
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