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Smart Generation: Powering Ontario With Renewable EnergyOctober 20, 2004 Renewable energy will create thousands of jobs and add billions to Ontario's economy says a new report.
The following are excerpts from a press release by the David Suzuki Foundation. TORONTO – Ontario can add at least $9 billion to its economy and create 25,000 new jobs by 2010 if the province uses renewable energy to power its electricity system, says a new report from the David Suzuki Foundation. For example, the report explains how Ontario could install 8,000 megawatts of wind power by 2012, generating about nine per cent of current electricity demand. Doing so will produce nearly $14 billion in economic benefits and create 5,000 wind industry jobs.
“Wind energy offers a new cash crop for Ontario farmers, potentially pumping billions into the rural economy,” said Paul Gipe, author of the report’s wind chapter. “Wind turbines require only a very small land area, in some cases allowing farmers to plow to the base of the towers. Farmers, by either leasing their land to wind developers or by installing the wind turbines themselves, can earn tens of thousands of dollars per year in revenue while continuing to produce their traditional crops.”
Smart Generation: Press Release -End- |