"Ontario's decision in the context of the United States is minor," he said. "The U.S. industry has other assets."
Ontario's plans likely would not change the dynamic in other provinces, he said. They will be influenced much more by national coal regulations announced last year, and the province's own rules, he said.
The Canadian national regulations go a step further than U.S. EPA rules in requiring existing coal plants to eventually match the greenhouse emissions profile of natural gas plants -- a requirement that can only be met via yet-to-be-proved carbon capture technology (ClimateWire, Sept. 6, 2012).
Coal fires a much lower percentage of electricity in Canada -- roughly 16 percent -- than in the United States. Most remaining coal plants are concentrated in three provinces: Alberta, Saskatchewan and Nova Scotia.
Reprinted from Climatewire with permission from Environment & Energy Publishing, LLC. www.eenews.net, 202-628-6500