Renewable energy companies see tremendous opportunity in Ontario’s climate-change plan, though skeptics question whether the proposed incentives and regulations will achieve the government’s goals and will impose costs that are unacceptable to voters.
The Ontario government will spend more than $7-billion over four years on a sweeping climate change plan that will affect every aspect of life – from what people drive to how they heat their homes and workplaces – in a bid to slash the province’s carbon footprint.
Apr. 20, 2016 - Ontario's upcoming cap-and-trade system will likely cut greenhouse gas emissions by less than half of the province’s 2030 target, a new economic analysis has found.
The report, by ICF International for the Ontario Energy Association, suggests the government will have to introduce significantly more greenhouse gas-fighting measures if it hopes to reach its planned reductions.
OTTAWA - The chairman of Canada's Ecofiscal Commission has a message for Brad Wall as the Saskatchewan premier and high-profile carbon-tax opponent embarks on his third straight majority mandate.
"If you have a stated goal to reduce greenhouse gas emissions — and Saskatchewan does — the most cost-effective way to do it is carbon pricing. Period," says Chris Ragan, the McGill University economist who acts as the non-partisan commission's chief spokesman.
