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E-book

Title Advancing Sustainable Energy in Ontario : the Case of Regional Renewable Energy Cooperatives / Chijioke Oji
Published Waterloo, ON, CA : Centre for International Governance Innovation, 2017

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Description 1 online resource (24 pages)
Series Canadian Public Documents Collection
CIGI Papers ; 133
CIGI Papers. Documents collection. ; 133
Contents About the authors -- About the Global Economy Program -- Acronyms and abbreviations -- Executive summary -- Introduction -- Electricity production in Ontario -- Ontario's renewable energy policy -- Renewable energy cooperatives in Ontario -- Ontario renewable energy cooperative models -- Impact of Ontario's renewable energy cooperatives -- Challenges and setbacks -- From FIT to Cap and Trade -- Conclusion
Summary "Renewable energy cooperatives have been instrumental in expanding electricity generated from renewable sources in Ontario. By developing solar, wind and bioenergy renewable energy projects (REPs), renewable energy cooperatives contribute to supporting the Government of Ontario's multifaceted approach to reduce greenhouse gas emissions and combat climate change. Additionally, renewable energy cooperatives have delivered benefits to the communities within which they operate or situate their REPs. These benefits include providing opportunities to diversify financial investments, promoting social cohesion in some communities and increasing the level of awareness on environmental issues such as climate change. Furthermore, local energy production supports the local economy and prevents the outflow of financial capital in order to purchase energy from sources outside the region. Some of the challenges renewable energy cooperatives face include difficulty in raising capital to finance their REPs and, in some cases, obtaining Registered Retirement Savings Plan eligibility on their bonds. Despite these challenges, renewable energy cooperatives have been largely successful in contributing their quota through REPs to actualize the Government of Ontario's plans for sustainable energy in the province."-- From CIGI web site
Subject Political planning -- Canada
Political planning
Economy.
Electricity generation.
Emissions trading.
Energy.
Energy development.
Greenhouse gas.
Kyoto protocol.
Renewable energy.
Sustainability.
Sustainable energy.
Canada
Form Electronic book
Author Oji, Chijioke
Weber, Olaf