A local climate specialist is throwing cold water on the expectation that the federal government’s investment summit will result in the development of all the proposed projects on the table.

The Toronto summit was met by a protest from those concerned about the climate impact of widespread industrial development – and oil and gas in particular.

Current global events could bode well for the reliable supply of hydro and wind energy.

Angela Carter, a professor at Memorial University says there’s no guarantee that all the projects that were pitched will come to fruition.

“The thing about the pitch book – 167 projects – doesn’t mean that these projects are going to happen.” She cites the need for community consent and Indigenous consent in particular. She compares the pitchbook to dating profiles.

“We’ll see if somebody with money is going to pick one. I think we’re at that moment in energy history when the tables are tipping towards investment in clean energy, “green” energy, because it’s now cheaper to power using renewable energy.”