Clean Energy: B.C.’s new economic opportunity
This entry was posted on Wednesday, January 20th, 2010 and is filed under Green Energy.
The Copenhagen summit demonstrated that while global warming remains top of mind at home and abroad, achieving a global consensus on strategies and actions to confront this critical issue is a daunting task.
But despite the absence of a realistic and effective international plan to tackle climate change, it’s reassuring to know that British Columbia is taking real leadership and action through various measures, including the carbon tax, cap and trade, legislated greenhouse-gas reductions, a carbon-neutral public service and the Low Carbon Fuel Standard to name a few.
Further, in B.C., we have a unique opportunity — some might say a moral obligation — to use our endowment of renewable resources to make a real and meaningful difference in the battle against climate change.
After all, we are the only region in North America to have world-scale clean power generation potential from wind, biomass, hydro, geothermal, solar and tidal all in one place.
…PricewaterhouseCoopers recently released a report commissioned by the Independent Power Producers Association of BC (IPPBC) on the economic impact of the province’s clean energy sector.
The report indicates that by 2020, capital investment in B.C.’s independent power sector could reach $26 billion.
Moreover, the report found that independent power projects are creating jobs for British Columbians, and that construction in the sector could create 90,000 person years of employment by 2020, and more than 9,100 full time jobs to support operating projects.
By Paul Kariya, Special to the Sun
Link to full letter
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