Is a Clean Green Future More Affordable?
In 2018, Canada announced that regulations will propel and assist the country in phasing out coal fired electricity and greenhouse gas for natural gas fired electricity by 2030. This plan of action will ultimately help in supporting the goal of creating clean jobs, support the country’s transition to clean energy, and the withdrawal of coal-fired power plants. This will also lead to countless environmental health benefits in Ontario and will help mitigate air pollution Since Canada’s commitment to phasing out coal power – a door opens for renewable energy availability.
According to the Pembina Institute, wind powered and solar powered sources of energy have become increasingly more affordable and economic than nuclear powered plants and coal powered plants from 2017 onward. Furthermore, research showed that in the United States alone, 29 billion dollars would be saved per year if support were given to clean energy rather than the natural gas sector. Carbon emissions would be reduced by up to 100 million tons or more every year.
The coal phase out has been a very important milestone in Canada’s progression towards climate change solutions. This step forward has been essential in aligning Canada with the Paris Agreement. It is crucial that the global temperature remains below 1.5 degrees Celsius, and that the rest of the globe follows Canada in its feat.
The transition to renewable energy is a necessary step for the environment – and just as importantly human health. There are countless impacts on the human body from air pollution including: asthma, respiratory diseases, and premature death. A recent study has showed that 800,000 people around the world die from pollution derived from coal energy every year.
Solar and wind now have amazing capabilities to provide energy efficiency and battery storage. These renewable alternatives are now able to deliver the same dependability and greater affordability than their gas-powered plant alternatives. The Pembina Institute also proposed that the costs of renewables and their storage is said to continue dropping as technological advancements continue to be made. Moreover, various renewable energy sources like solar and wind provide similar results to new gas plants even in peak demand scenarios. Environmentally sourced scientific evidence is crucial at this given time to assist in the mitigation of pollution and carbon mitigation, as well as sequestration.
The renewable energy sector – specifically, solar energy is aimed to expand significantly in 2021. The Federal Government of Canada has announced a new climate plan, and consequently, Canada will begin to have an essential role in clean energy through wind, solar, and storage. Solar generation, as well as wind generation effectively meet 40% of P.E.I’s electricity need alone. The Greener Homes Grant is now available with up to $5000 dollars for energy retrofit needs, to help homeowners successfully meet their residential insulation demands. There is also an interest-free loan program to help homeowners accomplish their energy efficiency needs with up to $40,000.