Ottawa set to unveil its clean electricity grid plan
grid, billing the move as key to Canada’s economic competitiveness, transitioning the energy economy and combatting climate change.
Environment and Climate Change Canada estimates the national average household energy bill will increase by $35 to $61 per year if the regulations are adopted, but by 2040, only two per cent of that increase will come as a result of the regulations.So we would be paying more for electricity with this regulation and without,” said Brett Dolter, with the University of Regina economics department.Dolter was one of the economists who assisted on the modelling for these regulations.
“Shifting to clean electricity saves households on their energy bills, away from the shocks of yo-yoing gas and oil prices,” Guilbeault said. “What we fundamentally have to do is move natural gas from being a first choice to an absolute last resort. We really can’t be building out a lot of new natural gas,” Evan Pivnick from Clean Energy Canada said.
The government expects the draft regulations would decrease greenhouse gas emissions by 342 million tonnes between 2024 and 2050.
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