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I think this is yet more proof of how far we are behind Europe and Asia in terms of technological advancement and sustainable living. One day, lets hope, our Fed. Gvt. will introduce some huge incentives for developers and building owners to add solar panels to their roofs so that it becomes economically viable for them to do so....Surely it won't happen with Bush's mini-me in power.
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Ah gee-whiz, I can't let this go... Mini-me? Give me a break.
The federal government introduced production measures aimed at encouraging investment in renewable energy through programs, namely the $1.48 billion ecoEnergy for Renewable Power (ecoRP), which includes a suite of eligible energy sources including solar, biomass, wind, geothermal etc.
The ecoRP provides a market incentive of one cent per kilowatt-hour for up to 10 years to eligible low-impact, renewable electricity projects constructed over the next four years, April 1, 2007 to March 31, 2011. This is generally consistent with federal incentives in the US, although Congress is currently considering a more lucrative tax credit for renewables and low-impact non-renewables such as stationary fuel cells.
If the Harper Conservatives can be criticized it lies in how narrowly it defines eligible energy sources under the Eco Energy Program, by excluding low-impact alternatives which policymakers would expect would be a part of an integrated approach for transitioning away from a carcon based economy.
The Harper Conservatives also deserve credit for changes made to the Income Tax Act in Budget 2006, specifically section 43.1 which makes investments across a range of energy sources INCLUDING solar eligible for a capital cost allowance of 50 per cent.