VANCOUVER—Replacing coal-fired power in Canada with renewable energy will impose significant costs on Canada’s economy while only making modest reductions in greenhouse gas emissions, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Despite what advocates claim, renewable power—including wind and solar—isn’t free and comes with only modest benefits to the environment,” said G. Cornelis van Kooten, economics professor at the University of Victoria, senior fellow at the Fraser Institute and author of Canadian Climate Policy and its Implications for Electricity Grids.
