A major contributing factor to what is being described is the development of superconducting technology. This is includes high temperature superconducting wind turbines, superconducting hydroelectric turbines, and superconducting transmission lines. From reading the outline, it looks like this project will capitalize on these new technologies.

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toomuchtodo 15 hours ago | parent [-]

Even without these superconducting technologies, it’s shrewd capital investment policy. This decarbonizes the last 20% of Canada’s electrical generation, replaces any demand growth with clean energy instead of fossil fuel, and allows more domestically produced (Alberta) fossil gas to be exported if needed. Importantly, just like China, it enables self sufficiency and potentially eliminating any dependency on the US for energy needs (with optionality to export excess clean energy to northern US states in the future).

Per ElectricityMaps, all of Canada has less than 20GW of fossil generation capacity, as of this comment. China, on average, installs ~1.75x that much wind and solar in a month.

TLDR Capital is the bottleneck slowing global decarbonization.

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snapplebobapple 15 hours ago | parent | next [-]

It would be more accurate to say "better investment opportunities bias investment away from the weak returns of allegedly clean energy" capital is not the bottleneck anymore than it has always been the bottleneck. Higher returning things to choose instead are the bottleneck

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toomuchtodo 14 hours ago | parent [-]

Fossil fuels receive ~$7T in global subsidies per year, per the IMF, even when less cost efficient than renewables. Markets can remain irrational longer than you can stay solvent. It’s government’s job to step in and correct market failures, when appropriate, including mispricing of potential investments.

https://www.imf.org/en/topics/climate-change/energy-subsidie...

(the world has already deployed 3TW of solar, and is approaching 1TW/year deployment rate, so we’re almost to the tipping point where fossil fuel subsidies will no longer be relevant; until then, finger on the scale when needed)

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snapplebobapple 10 hours ago | parent [-]

not that relevant. The investment opportunity set is not limited to fossil fuels. Also that report includes large price skewsfor essentially manufactured uncaptured environmental costs, part of which is political in mature to justify subsidy of renewables, where their buddies make excess returns from said subsidies. Its not quality research

	▲	toomuchtodo 2 hours ago \| parent [-]
		My context comes from sitting in on a meeting put together by BloombergNEF during Climate Week 2026 in London where they specifically discuss the global capital market current state as it relates to renewables investments. I'll see if I can find a link for those who did not attend where I pulled the quote and context from that capital is the deployment bottleneck. https://www.bloomberg.org/london-climate-action-week-2026/ Related: There’s a $10T Antidote to Trump’s Climate Backlash - https://www.bloomberg.com/graphics/2025-climate-tech-investm... \| https://archive.today/m0xg1 - November 4th, 2025 > Annual energy transition investment surpassed $2 trillion for the first time in 2024, more than double the rate in 2020, according to research by BloombergNEF examining the deployment of net zero-aligned technologies and infrastructure.

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rjrjrjrj 13 hours ago | parent | prev [-]

> This decarbonizes the last 20% of Canada’s electrical generation

I don't think so. Churchill Falls is ~5000km from Alberta

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toomuchtodo 13 hours ago | parent [-]

The announcement speaks to transmission and extending access to clean generation where needed. Control-F “Quick Facts”.

https://natural-resources.canada.ca/energy-sources/electrici...

	▲	rjrjrjrj 12 hours ago \| parent [-]
		Scanning through the link you provided, there's a discussion of interties between neighboring provinces, but there's no way the plan here is to replace Alberta's natural gas with hydro from Labrador, 5 provinces to the east. There's also an acknowledgment of the continuing need for natural gas (possibly for political reasons). But even in a future where natural gas is phased out, it would be much more logical to use hydro from BC or MB. Alberta could also increase its own solar and wind.