Generation costs in Ontario have increased by 74 per cent in the last decade, and may grow to $13.8 billion by 2022.
Ontario embarked on its Green Energy Act, which subsidizes renewable electricity, and power costs have risen by an estimated 30 per cent.
While the planned reduction in emissions may sound impressive, the effect on temperatures will likely be rather small and the costs in dollars quite high.
If fossil fuels receive more than $2 billion in annual subsidy, let’s end it. And while we’re at it, let’s end the $800 million to wind producers and other subsidies to green energy.
The risks that hydraulic fracturing poses to air appear to be modest and manageable with current technologies.
Yesterday, the Alberta government unveiled its new climate change strategy, calling for a carbon tax, which represents a new tax burden on Alberta businesses and families.
While the numbers may sound large, in terms of how much water it takes to fracture a well, in the grand scheme of things the percentages of total water use are quite small.
The risk of well integrity failures are similar to other areas of risk for hydraulic fracturing—the risks tend to be quite low.
Prime Minister Trudeau's letter to Finance Minister Bill Morneau lists 27 priorities—we offer a quick reaction to 13 of these priorities.
President Obama has finally rejected the Keystone XL pipeline.
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