OTTAWA — Environment Minister Steven Guilbeault released draft regulations Thursday that are designed to clean Canada's electricity grid in an affordable
OTTAWA — Environment Minister Steven Guilbeault released draft regulations Thursday that are designed to clean Canada’s electricity grid in an affordable way by 2035.
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. Overall, Canadians are expected to spend 12 per cent less on energy by 2050, government estimates show.
The country’s grid is already nearly 85 per cent clean, but demand is expected to double by 2050 as things like cars, buses and trains become electric.The government expects the draft regulations would decrease greenhouse gas emissions by 342 million tonnes between 2024 and 2050. “One thing we’ve heard from investors, from energy companies, is: ‘Tell us what the rules are, and we will comply with them,'” the minister said of the consultations so far.
They are also intended to show some flexibility, he said, particularly for remote communities that aren’t part of the power grid and will be exempt from the new rules.
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