The Ontario Liberals are betting $13 billion of your dollars on rebuilding the Darlington Nuclear Station. It is so risky that no private company will fully insure nuclear plants, and it prompted Standard & Poor's to downgrade Ontario Power Generation's credit rating in 2012. But whatever the reason, the Liberals are failing to capitalize on economic opportunities for Ontario. This means we risk missing out on the global renewable energy revolution. Investors and countries are acting now to take advantage of dramatically falling prices for renewable energy.
When I first heard of "run-of-river" I had it way wrong, I imagined a thousand little micro-turbines in a mountain creek turning like pinwheels as the water flows by. It's more of a kinder, gentler version of bigger hydro power projects -- none of the flooding of massive tracts of land.
Leaders in the Canadian hydropower industry believe North America can dam its way to a cooler climate, but some experts say that continual increases in energy supply -- whatever the source -- are not the optimal response to the climate crunch. The answer is not more energy, but much more efficient use of it.