Friday, March 5, 2010

Canadian Budget 2010

The Federal budget promised to "further improve the regulatory review process for large energy projects" to ensure procedures were timely and predictable.

Responsibility for carrying out environmental assessments will move from the Canadian Environmental Assessment Agency (CEEA) to the National Energy Board and the Canadian Nuclear Safety Commission, which has more expertise in energy projects.

The Federal budget also promised $100 million over the next four years to support the development of advanced clean energy technologies in the forestry sector. Look for new biomass projects to be developed in the next four years.

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