Ontario climate change plan could spike hydro, natural gas rates - News Summed Up

Ontario climate change plan could spike hydro, natural gas rates


"You'll have to wait to see the details but no, we're not banning natural gas or taking it away from people," he told reporters. At the same time, at least according to the Globe report, the province is saying "we're all going to get off natural gas." "Natural gas heating is significantly less expensive than electric or oil heating," it said in a news release. Last April, the Ontario government announced a $230-million plan to expand natural gas access, a move it said would "lower prices, help businesses and create jobs." "This plan that they have put forward is headed us on the track to much higher natural gas costs as well as electricity.


Source: CBC News May 17, 2016 10:37 UTC



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