Ontario is on the verge of spawning new green jobs and attracting new investment, with the proposal of the Green Energy Act (GEA).
Governor McGuinty believes the bill would work towards building a stronger economy, creating up to 50,000 jobs in the first three years. Furthermore, it would help combat climate change and create a healthier environment for future generations.
In order to achieve these goals, Ontario would be required to make renewable energy projects easier to bring online and assist homeowners, government, schools and industrial employers in the transition to lower energy consumption, according to a statement. A feed-in tariff system would be introduced and a streamlined approvals process would be established which would offer service guarantees for renewable energy projects.
Looking ahead, ongoing consultations will be held with the First Nations and Metis communities and stakeholders including business, environmentalists and municipalities.
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