[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


News Home

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

P.E.I. seeks buyers for green credits  

P.E.I. has taken out ads in major North American newspapers to explore the possibility of selling off renewable energy credits.

It’s one of the concepts in the Kyoto Protocol: jurisdictions producing green energy earn credits, and they can sell them to polluters. The credits are fines for less environmentally friendly businesses.

Though a program doesn’t exist in North America yet, there is an exchange in Europe.

“They will look at it and say it will cost me $10 million to change my plant in order to reduce emissions or I can spend $5 million and buy offsets,” said Environment Minister Jamie Ballem.

The province could potentially make a couple of million dollars on the green credits, said Ballem, not only from wind farms but also from environmentally-friendly farming and forestry.

“It’s a potential revenue source for Islanders and the energy corporation, so we wanted to find out what interest there is in the marketplace,” he said

Ballem admits there is uncertainty about Kyoto, and whether Canada will act on trading credits.

There have been about six calls from people interested in buying the green credits.

The government hopes to have specific information out about the project in March.


This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.