Last week, Canada’s premiers concluded their most recent meetings with the release of Canada’s Energy Strategy, a document that “charts a path for shaping the sustainable development of Canada’s energy future.”
renewable energy
Since taking office in mid-September, Alberta’s new Premier Jim Prentice has talked an active game on the energy file. From the perspective of those who believe that Canada’s energy exports are vital to the country’s economic health, many of his comments seem positive. But there is one area where Mr. Prentice’s energy-policy comments are troubling.
In 2009, under the Premiership of Dalton McGuinty, the Ontario legislature passed the Ontario Green Energy Act (GEA), an Act that aimed to increase Ontarios use of renewable energy such as wind power, solar power, biofuels, and small-scale hydropower. The centerpiece of the Act is a schedule of subsidized electricity purchase contracts called Feed-in-Tariffs that provide long-term guarantees of above-market rates for power generated by those renewables.