The regulation is available online for 30 days of public input.
Lois Corbett, Executive Director of the Conservation Council of New Brunswick, issued the following statement:
“I’m pleased to see the Minister release this new regulation, following so closely on the heels of the Premier’s announcement of new strong targets to reduce carbon pollution from N.B. sources. Providing the means and the market for renewable energy projects here at home is a welcomed and sensible action.The regulation sets out explicit policies devoted to the task of making sure N.B. gets at least 40 per cent of its electricity from clean renewable sources.
I encourage the leaders in environmental and renewable industries and local champions of projects that protect their communities to take a look at this package and submit their comments.”
It sets out the criteria for co-ops, First Nations, non-profit groups and local communities to put on their thinking caps about how they can lead the charge to reduce carbon pollution by installing solar, wind, and tidal technologies.
The regulation also requires NB Power to report its progress every year from now to 2020 in a transparent and public manner.
Over the past five years, solar-module costs have dropped by 73 per cent. According to the International Renewable Energy Agency, there are 2.5 million people working in solar PV jobs worldwide. In Canada, the number of people working in the renewable energy industry rose by 37 per cent between 2009 and 2013, and the sector now employs more Canadians than the oil sands in Alberta.
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