Green Energy in Canada

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As stated in this article, Saskatchewan has recently developed old-age technology to solve new-age environmental problems. Saskatchewan has taken an old coal-fired power plant and developed it into a carbon dioxide eliminating machine. This technology can capture up to 1 million tonnes of CO2 per year, significantly reducing Canada’s carbon dioxide footprint if adopted by other provinces. This CO2 reducing technology is not new, the same idea having been shut down by Alberta’s government in 2012, but this is the first time that it has been used on an existing power plant.

The one existing  plant located in southern Saskatchewan cost tax payers $1.4 billion Canadian to create. Neither tax payers nor the federal government are likely to see a financial return on this investment. Electricity costs would have to rise over 80% to cover the costs of these facilities, which is highly unlikely in the near future.

There is little hope of projects such as this one spreading to other parts of Canada. Other provinces such as Alberta have imposed a carbon tax of $15 per ton rather than installing expensive equipment to capture green house gas emissions. In the future, the government may be forced to spend the money on projects like these, but only if they get serious about raising the price of carbon.

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