Site C Case Study

However, the Action Plan is not likely to produce 9.8 Mt in new reductions by 2020, as the government stated. For example, the government claimed that using Greenhouse Gas Reduction Account funds to subsidize electricity prices which would produce 3 Mt in emission reductions. We found no evidence to support this claim and concluded that subsidizing electricity rates is not an acceptable use of these funds. Fortunately, the government is no longer proposing to divert Greenhouse Gas Reduction Account funds in this way.

For example, my father went solar two year ago in my home country. He reduced his electricity

In contrast, some believe that renewable energy is a key factor involved in helping the economy to grow. Many jobs are created in the manufacturing and running of renewable energy plants. The renewable energy and energy efficiency technologies created 8.5 million new jobs and $970 billion in revenue in the year 2006 (Langwith, “Renewable Energy is Economically”). The American Solar Energy Society says by 2030 it could generate up to $4.5 trillion in revenue for the U.S and create 40 million new jobs. This would represent one in every four jobs (Langwith, “Renewable Energy is Economically”). This shows how vital it is to get renewable energy companies in the U.S. It is important to build a stable economy again and do it all while helping the environment.

In 2007, Canada’s industries saved 2.1 billion U.S. dollars of energy costs (2007). All these numbers show Canada’s efforts in general public utilities.

- Will spend $100 million to end power generation using diesel in various communities in Northern Canada

Canada has the potential to be a “sustainable energy superpower” due to the vast amount of resources it contains. It has a large landmass and diversified geography which can be used to produce renewable energy from such resources; watermill, wind, biomass, solar, geothermal, and ocean energy. Renewable energy is energy obtained from natural resources that are able to be naturally replenished within a human lifespan (Natural Resource Canada, 2014). Currently, fossil fuel burning is the major source of energy in Canada and although it can be re-used, the process is so long that it is considered to be non-renewable. Also, fossil fuel burning for coal, natural gas, and petroleum gas pollutes the environment with greenhouse gases on a large scale, causing global warming. Non-renewable energy is taken from sources that re available on Earth in limited quantity, likely vanishing within fifty to sixty years from today (Conserve Energy Future, 2014). Thus, it is important for Canada to invest their money on resorting to more environmentally friendly and renewable ways to make electricity. Being a developed country, Canada has the financial stability to purchase the technologies over time in order to produce renewable energy. In addition, many organizations and the government have taken a step to educate the society about issues regarding energy usage, and to create programs which conserve energy for the future. In the future generations, Canada will be able to generate sufficient

The objective of this paper is twofold. First, we introduce the modern condition of Canada’s energy consumption and the economic benefits. Second, we define and analyze the projections of Canada’s future with respect to the renewable energy frontier. The demand for Energy across the globe has drastically increased since the Industrial revolution. From coal to steam, all the way to electricity and nuclear energy, modern economies and industries rely on sustainable sources of energy to produce their desired output levels (Zelby 2002). Ontario, and Canada in general are on the frontier of energy production and sustainability with regards to smart grid technologies and so forth (Ontario Energy Plan). Canada specializes in many of the

To look profoundly, we all know that the price of gas and oil in our society is very high that will eventually be exhausted, maybe after a few years later. It enables us to think about the perennial sources and enhance our trying to exploit them. By funding projects, the government can make it easier to unravel baffling hard issues sooner and provide a serene lifestyle for people. Impartially speaking, sun and wind are both free energies that have existed since the beginning of the world. This is a heavy burden on the shoulder of scientists to pave the way of using these environmentally friendly

Currently, the energy (electricity generation) sector in Canada is facing a major crisis, which is the fear of running out of world’s natural resources to produce electricity. Even though the Canadian government is promoting renewable resources, it will take a long time to establish a network that is completely dependent on renewable resources. In the meantime, the population of Canada is growing drastically and cities such as Toronto is struggling to meet the rising demand for electricity due to urbanization.

The MetaMethane Project will promote the economical and sustainable development of BC’s shale gas resources from both industrial and regulatory perspectives. These outcomes are aligned with multiple BC Government Priorities, including 1) the Innovative Clean Energy Fund, 2) The BC Jobs Plan (Natural Gas), 3) The BC Energy Plan (Oil & Gas), 4) BC’s Natural Gas Strategy, and 5) research and innovation priorities described by the Ministry of Technology, Innovation and Citizen’s Services.

Suncor Energy Inc. is a company that was founded in 1967; it is Canada 's premier integrated energy company, and the fifth largest North American energy company. Suncor provides thousands of well-paid jobs, puts millions of dollars in Canadian businesses every year, takes action on environment issues and supports our communities by funding local initiatives. (Suncor Website, 2012) Suncor is leading the way in oil sands operations and development while investing in technologies to improve environmental performance. A considerable part of Suncor’s portfolio is invested renewable energy

“The board of BC Hydro committed to more than 135 contracts with an average term of 28 years. And while power generated by BC Hydro’s heritage assets cost $32 per MWh, power from IPPs cost $100 per MWh. Today these contracts represent future financial commitments of over $50 billion.”

Lastly, we compared the after tax flow the Do Nothing option. By evaluate the present cost of electricity of 42 homes, we used the Depreciation rate over 20 years to compare it to the other two options. After finding our taxable income, and income taxes, we were able to find the after tax cash flow. Similar to solar panels, and wind turbines, the do nothing option shows that electricity will increase over 20 years. But, unlike the renewable energy options, there is solely one benefit which is that it is the cheapest and most economically viable option. Unfortunately, it is not the most environmentally friendly option.

Wind, solar, geothermal, hydroelectric, and biomass provide so much benefit for our climate, health and our economy. As many reliable energy’s rise on demand and expense like oil, coal, natural gas and nonrenewable fossil fuel that draw on limited resources which will eventually diminish. Looking at all the power plants and the millions of cars that exist in the streets today and many more technologies and industries that are polluting the air it is safe to say we may be going the wrong way into saving the world our kids will grow into. People and many utilities need to focus on the positive outcome of renewable energy. Like the good it brings on stable energy price, improvements on public health as well as the prevention of global warming discharge, jobs and other economic benefits.

Ontario is looking to partner with First Nation communities to ensure a transition to non-fossil fuel energy that will minimize the impact on the communities. This can potentially be done through investments in energy efficiency, micro-grids and renewable energy. Remote communities will be connected to the provincial electricity grid through the partnership of the federal government and First Nations. Renewable energy such as biomass, solar and waterpower will be the focus of the projects. A fund will be established for community-level greenhouse gas pollution reduction projects and for community energy and climate action planning. Jobs will be established among post-secondary institutions that are low-carbon along with training partnerships. This initiative