The cost of the relief plan is expected to be about $5.5 billion over the next three years, but the province’s Financial Accountability Office has warned it will have a net cost of $21 billion over 29 years. ...
Category: Energy and the Environment
Banks take pass on extra Hydro One shares in Liberal government’s ‘final’ offering
By law, the government can’t own less than 40 per cent of Hydro One, and no other shareholder can own more than 10 per cent. ...
Energy minister doubles down on Pickering nuke plant plan amid concerns
Ontario Power Generation has also fired back against criticism of its plan to operate the Pickering nuclear plant to 2024 ...
Letter to the editor: Ontario’s public power failure redux
Brady Yauch sees Ontario making the same mistakes on the electricity file. ...
Seen: Brown delivers 2,000 letters requesting OEB reject Hydro One rate increase
The 2,237 letters addressed to the OEB request the board turn down the utility’s five-year rate increase application that would add $141 to Ontarians' bills by 2022. ...
Second Ontario cap-and-trade auction another near sellout
About 95 per cent of all available carbon credits in the June auction were snapped up by Ontario’s biggest emitters, netting the province an estimated $504 million. ...
Sponsored content: CME continues to support nuclear power generation and extension of nuclear assets operations in Ontario
Ian Howcroft reiterates CME's "continued support for ongoing investment in nuclear power in the province of Ontario." ...
Majority oppose Liberals’ cap-and-trade program, poll suggests
Nearly half – 48 per cent – supported the Progressive Conservatives’ promise to scrap the program to reduce greenhouse gas emissions. ...
Ontario had no smog advisories in 2014 and 2015, environment ministry says
There were 53 smog days as recently as 2005. ...
Four more years for ‘poor’ performing Pickering nuke plant to cost $557M
“Overall, OPG’s benchmarking performance does not demonstrate continuous improvement, and in fact it appears to be trending in the opposite direction," according to an Ontario Energy Board staff report. ...
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