2. Paul Young - Bio
• CPA, CGA (1996)
• Financial Solutions (FOPM/FPM)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Advance Technology
• SME – Supply Chain Management
• SME – Business Strategy and Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com
3. Agenda
• Power Generation / Ranking - Renewable
• Canada and Power Generation
• France and Renewable Energy
• Issues with renewable technology
• Molten Salt Power Generation
• Blog Coal vs Environment
• Blog – Solar Panels
• Hydro costs by key countries
• Hydro rates by key city
4. Power Generation /
Renewable
Source -
https://www.weforum.org/agenda/2018/02/cou
ntries-behind-global-renewable-energy-
growth/ or
https://www.ovoenergy.com/guides/energy-
guides/average-electricity-prices-kwh.html or
https://www.worldatlas.com/articles/electricity-
rates-around-the-world.html
5. Power Generation / Canada
Source - https://www.iea.org/statistics/monthly/
Canada generates nearly 80% of its
power from clean sources
6. France /
Macron
Source - https://www.canadianmanufacturing.com/manufacturing/french-
leader-others-urge-speed-in-climate-change-fight-228946/
https://qz.com/africa/1431
213/africas-electricity-
shortages-have-health-
and-economic-costs/
Kenya has issues
with brownouts
Macron should look at his own backyard
7. Issues with
Renewable
Power
Generation
• Access to rare metals -
http://www.globalindustryjournal.us/1881/global-rare-
earth-metals-market-future-prospects-growth-and-
outlook-2019-2024/
• Renewable energy requires backup systems like natural gas
- https://www.ge.com/reports/power-outlook-natural-gas-
key-future-power-grid/
• Upgrades to the grid -
https://www.technologyreview.com/s/611683/the-25-
trillion-reason-we-cant-rely-on-batteries-to-clean-up-the-
grid/
• Alternatives like molten salt generation -
http://www.digitaljournal.com/pr/4059479
• Countries like Canada have hydro power which is clean.
https://www.redplanet.green/top-6-largest-producers-
hydroelectric-power/
8. Blog –
Power
Generation –
Molten Salt
• Source - https://www.nextbigfuture.com/2019/05/seaborg-molten-salt-
reactor-will-fit-on-a-truck-and-cost-less-than-coal-
power.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Fe
ed%3A+blogspot%2Fadvancednano+%28nextbigfuture%29
• https://www.cfo.com/the-economy/2019/05/iea-warns-of-climate-risk-if-
nuclear-capacity-
drops/?utm_campaign=CFODailyAlert&utm_nooverride=1&utm_source=CFO-
email&utm_medium=email&utm_content=CFODailyAlert_Wednesday_2019-5-
29&utm_term=the-economy
•
• Molten Salt Funding - https://www.greencarcongress.com/2019/06/2019602-moltex.html
• “In 2016, the market of Asia-Pacific was valued at nearly $3.3 billion followed by Europe with $2.5
billion, North America with $2.1 billion and RoW with 0.3 billion. During the forecast period from
2017 to 2022, North America, Europe, Asia-Pacific and RoW are expected to grow at a CAGR of
10.8%, 11.0%, 11.6% and 9.5% respectively. In 2016, of all the molten salt reactor nuclear fuel types,
thorium dominated the overall market with a share of 57%, followed by uranium with a share of
approximately 30%. Molten salt reactor has the potential for delivering safer nuclear fuel, thereby
transforming the world energy production into a sustainable and cleaner method for the
production of electricity at a competitive market price ”https://www.globenewswire.com/news-
release/2018/10/23/1625333/0/en/Molten-Salt-Reactors-to-Play-Major-Role-in-Global-Energy-
Supply.html
9. Blog – Solar
Panels
• https://www.canadianmanufacturing.com/envir
onment-and-safety/southern-alberta-city-
pulls-plug-on-13m-solar-power-project-
233114/
• “The answer, unfortunately, was no, as the
project’s small and unreliable contribution to
the community’s power needs didn’t justify the
cost of maintaining its rows of mirrors and
pipes through snowy winters and dusty
summer days, he said.”
• @cathmckenna projects need to be
viable!
10. Coal
Production
Source - https://www.reuters.com/article/us-china-economy-output-coal/china-june-
coal-output-hits-record-high-as-miners-ramp-up-ahead-of-summer-idUSKCN1UA07O
Here is what I told the Liberals:
Dear Sean Fraser,
It would be nice if we stop looking at ways to tax the environment as way to subsidized clean
technology. Clean technology needs to be viable without direct govt subsidies.
1. Gasoline prices - https://www.slideshare.net/paulyoungcga/2019-election-anatomy-of-gasoline-prices-
canada-july-2019 (higher fuel prices will lead to higher consumer prices)
2. Failed Green Agenda / Ontario - https://www.slideshare.net/paulyoungcga/fail-green-agenda-ontario-
july-2019 (Clean technology needs to viable without direct government subsidies)
3. Climate Change / Environment - https://www.slideshare.net/paulyoungcga/2019-election-climate-
change-and-the-environment-canada-june-2019
4. No evidence of man-made climate change - https://www.rt.com/news/464051-finnish-study-no-
evidence-warming/?fbclid=IwAR2NafsrKwH2v3lAq9PQLcU9762TSEDslFgTRu7c37vNDj2QlnxfUsO89fs
5. Court cases - https://www.msn.com/en-ca/news/politics/pei-quebec-intervene-in-saskatchewans-
legal-challenge-of-carbon-tax/ar-AAE2dXZ?ocid=spartanntp
6. Water - https://www.cbc.ca/news/indigenous/attawapiskat-water-quality-emergency-
1.5204652?fbclid=IwAR2IniKPVIPBrVE68WybAX_-M5qVLw_HOOErVlfuAQrswT8gv62_ab8XL48
7. Truth of Climate Change/Science - https://www.youtube.com/watch?v=JYQ6eZDXXRE
8. GDP for 2019 could be 1.4%. Trudeau never had the answers for GDP -
https://www.slideshare.net/paulyoungcga/2019-election-jobs-gdp-consumer-spending-housing-
canada
9. Trudeau failures - https://www.slideshare.net/paulyoungcga/justin-trudeau-and-liberals-success-or-
failure
10. Clean Technology - https://www.slideshare.net/paulyoungcga/2019-election-clean-technology-and-
climate-canada-june-2019 (Clean Technology needs to viable with direct subsidies)
Trudeau policies are hurting coal
production
https://www.cbc.ca/news/canada/calg
ary/alberta-oil-gas-coal-wind-power-
halkirk-1.5194320
11. Blog – Power
Production
Dean Lubaki I think you need an education on clean! Hydro and nuclear are clean! Wind and Solar cannot exist without subsidies as well cannot
handle the load factor. Do you even research all aspects of power or do you just take info from Tides or Catherine Mckenna or Suzuki as the gospel?
If I use your logic, then solar and wind are not clean as well. Solar and Wind include toxic material as well need to fabricate and installed, right?
• Hydro and nuclear do not produce much emissions after power generation but can handle the load factor.
https://www.sciencedaily.com/releases/2018/03/180305093731.htm or https://www.energy.gov/ne/articles/3-reasons-why-nuclear-clean-and-
sustainable
BTW: Do you know what is backup for solar and wind? Natural gas
• Power Generation - https://www.slideshare.net/paulyoungcga/2019-election-power-generation-canada-april-2019
• Clean Technology - https://www.slideshare.net/paulyoungcga/2019-election-clean-technology-and-green-economy-canada-july-2019
• Electrical Cars - https://www.slideshare.net/paulyoungcga/2019-election-electrical-cars-ytd-july-2019-analysis
14. Summary
• Too many countries are pushing renewables at all cost. The problem is
renewables need to be viable without subsidies -
http://www.lse.ac.uk/GranthamInstitute/faqs/do-renewable-energy-
technologies-need-government-subsidies/ “The International Energy
Agency (IEA) has calculated that subsidies to aid the deployment of
renewable energy technologies amounted to US$140 billion in 2016. ”
• There needs to better balance between the environment and economy -
https://www.slideshare.net/paulyoungcga/truth-or-lies-climate-change-
caused-by-humans or https://www.slideshare.net/paulyoungcga/2019-
election-climate-change-canada-june-2019
• We need to stop blaming CO2 for all the issues facing the planet -