In its recently released Prosperous Transition Plan, Iron and Earth calls for a $61-billion federal investment in Canada’s just transition process, including $10 billion over 10 years to upskill over one million workers, at $10,000 per worker on average. New I&E Director Luisa Da Silva and Board Director Bruce Wilson wrote “Most oil patch workers believe Canada needs to pivot to a net-zero economy” (Corporate Knights, Aug. 31), summarizing the plan. In addition to the retraining programs, the Prosperous Transition strategy calls for: 1. rapid refocusing and repositioning of 10,000 Canadian enterprises to meet the emerging demand in net-zero industries. (costed at $20 billion over 10 years); 2. retrofitting and repurposing initiatives for long-term infrastructure, including abandoned oil wells and remediation of well sites. This is costed at the equivalent of $10-billion, “in the form of incentives and tax offsets, with green strings to carbon-intensive industries investing in net-zero technologies.” And finally, 3. use of nature-based solutions to prioritize green infrastructure development, expand carbon sinks and revitalize ecosystems and biodiversity (costed at $22 billion over 10 years).
Iron & Earth describes itself as “a worker-led not-for-profit with a mission to empower fossil fuel industry and Indigenous workers to build and implement climate solutions.” Since she replaced the founding Executive Director, Liam Hildebrand, in the summer of 2021, Luisa da Silva has taken a higher-profile, and was recently quoted in “Liberals pledge $2 Billion to aid just transition” (National Observer, Aug. 31), in which she called the Liberal Just Transition election proposals “a good start”. In the same article, she revealed that Iron and Earth, as part of the Just Transition consultation stakeholders, had received an email on Aug. 16 saying that, due to the election call, “consultation sessions on proposed just transition legislation are postponed until further notice, and any invitations sent for upcoming sessions are cancelled.”