Toronto: Environment Minister Steven Guilbeault on Thursday released draft regulations designed to clean Canada’s electricity grid and reach net-zero by 2035.
The regulations would drive up the cost of energy slightly, but federal officials say that would be offset by the savings expected to come from moving away from fossil fuels.
Environment and Climate Change Canada estimates the national average household energy bill will increase by 35 to 61 dollars per year if the regulations are adopted, but only two per cent of that increase will be because of the regulations.
A final version is expected to be published in January of 2025. — Canadian Press