B.C. group touts green economic solution
This entry was posted on Tuesday, March 9th, 2010 and is filed under Green Energy.
Province could pay debt by selling renewable energy, report says
B.C. could pull in about $4.3 billion annually and eliminate its debt over several years by tapping into and selling its vast green-energy potential, said a report released yesterday.
Bio-energy, run-of-river, wind, geothermal, tidal, wave and solar energy could all be developed to help the environment and to work towards wiping out B.C.’s debt in 15 years or less, said the B.C. Citizens for Green Energy’s 76-page report.
“B.C. is widely recognized as having a natural abundance of renewable green energy resources. However, this natural abundance is currently going virtually untapped as are the economic and environmental benefits that developing them could bring to our province,” said the report, titled A Triple Legacy for Future Generations: B.C.’s Potential as a Renewable Green Energy Powerhouse.
“And if British Columbia was debt-free like Alberta, the $2.2 billion we currently spend to service our provincial debt could be spent instead on vital public services like health care and education.”
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