Ottawa’s plan to replace coal-fired power with renewable energy will impose substantial costs on Canadians while only making modest cuts in greenhouse gas emissions—a far cry from its climate targets, a study suggests.
“Despite what advocates claim, renewable power—including wind and solar—isn’t free and comes with only modest benefits to the environment,” study author G. Cornelis van Kooten, an economics professor at the University of Victoria and a senior fellow at the Fraser Institute, said in a press release.
