Ontario Premier Doug Ford abruptly cancelled 758 renewable-energy contracts in the province last year, blaming wind and solar farms for a rise in electricity costs. And in Alberta, Jason Kenney’s United Conservative Party says it will roll back the province’s climate regulations if it wins next week’s election. That could mean terminating a carbon tax, killing subsidies for wind and solar power and allowing the most efficient coal-fired plants to remain open longer.
But far from recoiling, sophisticated investors and the top executive ranks of the renewable-energy sector are reacting to these shifting political winds with shrugs. Renewable energy, they argue, is viable with or without political assistance, and these experts remain attached to the promise of spectacular growth over the coming decades. To download the full article: Click here