Wednesday, December 9, 2009

Saskatchewan's Energy Plan

Here is a link to an interview with the Premier of Saskatchewan:

Premier Wall alludes to the forthcoming Climate Change legislation in Saskatchewan (Bill 95) wherein a Technology Fund, similar to that in Alberta will be created to foster technology research into climate change and GHG emission reduction.

Premier Wall goes on to state: "If cap and trade goes to anything other than renewables or technology research, then it is not environmental policy but a tax."

Whether it is a tax or not is in my view not particularly relevant but the interesting aspect is the inclusion of "renewables" in the statement above. Under the proposed legislation, the Technology Fund in Saskatchewan will likely be used primarily to assist large regulated emitters undertake research to reduce emissions.

However, in the future, maybe the Technology Fund could be used by developers (other than the regulated emitters) to actually develop and build new renewable energy projects in the province?

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