Tag Archives: Petro Dollar

Ontario’s Distributed Energy Resources (DER) study & other steps towards adopting renewables

As North America navigates the transition from traditional fossil fuel-based energy to renewable alternatives, various regions are exploring solutions like Distributed Energy Resources (DER). In this morning’s interview, Catherine Jefferey from Clean Energy Canada discusses a program designed to reduce costs for Ontario ratepayers by an estimated $1.8 billion to $3.5 billion annually. The discussion also covers progress in utility-scale battery storage, Canada’s adoption of renewables, and the prospects for transitioning away from fossil fuels.

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Low Oil Prices Deflate Canada’s Petrocurrency

By Roy L Hales

The Canadian dollar dropped to its lowest exchange rate in eleven years Wednesday. Dr Werner Antweiller, of UBC’s Sauder School of Business, that is because our economy is so focused on the oil sector. Consequently, low oil prices deflate Canada’s petrocurrency.

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