Canadian Climate Policy and its Implications for Electricity Grids is a new study that finds replacing coal-fired power in Canada with wind and solar (and building natural gas capacity as a backup source of power) would increase the costs of operating the electricity grid by between $16.8 billion and $33.7 billion a year, while reducing Canada’s greenhouse gas emissions by 7.4 per cent. Crucially, the 7.4 per cent emissions reduction would fall short of the federal government’s target to be 40 per cent to 45 per cent below 2005 emissions levels by 2030.
