Renewables, Wind

Canada wind end

4 March 2010– The new Canadian federal budget fails to include money for a production tax instrumental in supporting wind energy projects. The Canadian Wind Energy Association (CanWEA) said it is disappointed with the federal government’s decision not to include the ecoENERGY for Renewable Power Program in the 2010 federal budget.

The program was created in 2007 to fund 4,000 MW of renewable energy projects around Canada, a target that was met. However, CanWEA officials say they now are worried the country will not be able to compete with the United States’ incentive program for new wind energy projects, which is supposed to run through 2012. The ecoENERGY program was originally set to end in 2011, but met its goal and depleted its funding at the end of 2009.

“While we remain committed to working with the federal government to find ways to attract new investment in the world’s most rapidly growing source of electricity, we are shocked and disappointed that it has chosen not to extend a cost-effective program that facilitated record levels of investment and job creation in Canada’s wind energy sector in the midst of the recession of 2009,” said CanWEA President Robert Hornung.

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