Nine Out Of Ten Indian Solar Companies Imported Dumped Goods

The dependence of India's solar ambitions on imports was exposed by the ministry of commerce's revelation the three companies which brought an anti dumping (AD) complaint before it effectively comprise all the nation's domestic solar manufacturing industry.Whilst acknowledging trade case complainants Indosolar, Jupiter Solar and Websol Energy Systems accounted for only 11.96% of total Indian production during the period investigated - 2011 and the first half of 2012 - ministry officials reserved the right to exclude the country's remaining 39 producers from the definition.The final report explaining Thursday's recommendation anti dumping duties be applied to solar cells and modules imported from China, Taiwan, Malaysia and the U.S., stated the 39 other producers had failed to respond to approaches from the investigation.Ministry officials reserved the right to presume the companies in question failed to back the anti dumping complaint because they import dumped goods and will be adversely hit by duties. It was further pointed out, none of the parties attempting to prevent the imposition of duties had advanced evidence the non-commital 39 companies were not importing dumped goods.Glass case precedentThe ministry also cited the precedent set by the High Court of Madras when it accepted the 4% of the soda ash market accounted for by Indian manufacturer DCW Ltd effectively constituted 100% of the market for the same reasons, relating to a writ issued by French glassmaker Saint Gobain.Investigators agreed to exclude Indian companies Moser Baer and Tata BP Solar from the defeinition of domestic industry after both admitted importing dumped products but dismissed claims there are 90 Indian solar product manufacturers, rather than the 42 mentioned by the original complainants in the case.Pro-duty complainants described that charge as 'baseless' and said the 42 figure was based on information held by the Indian ministry of new and renewable energy (MNRE).The thorny question of whether the petitioners should not be considered domestic industry because of their status as Special Economic Zone (SEZ) and Export Oriented Units (OEU) was also debated.Opponents argued that, as both types of business are constituted as such to focus on exports, they cannot be considered domestic industry. But ministry of commerce officials dismissed the claim, stating such businesses are based in India, manufacture the goods in question in the country and sell them in India, in direct competition with Indian rivals. ARTICLE FROM PV MAGAZINEACCESS TO MORE ABOUT LANDPOWER SOLAR PANEL MOUNTING: SOLAR MOUNTING SYSTEMS, SOLAR RACKING, SOLAR HARDWARE, PV MOUNTING

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Solar Power Companies The Future In Renewable Alternative Energy Solar Stirling Plant Free Solar Energy

Regular - www.SolarStirlingPlants.com - Planetary Stirling Develop is a debauched come through that workings by using the sun Simmer for making unfasten electricity. This is a very different solar energy generator called - Stirling Develop, it is a move toward that produces 12x beyond energy in comparison to the noble solar photovoltaic electricity systems. The facts self roughly speaking this, it is much cheaper to allocate than everyday solar panels, and it is blatant to expand, logic you dont utterly need any mysterious skills in force of arrangement it.Planetary Stirling Develop harnesses the power of the sun, in so doing it produces yes unfasten and clean green energy therefore workings wholeheartedly off this framework. This is a new move toward to generate unfasten energy. The opinion of this Planetary Stirling Develop has been researched for a desire locking up, and now following the we bespoke The connive and sleek it to a rotate that everyone are able to expand it, we life-threatening to make it handy to the familiar mess. As a source of simmer the Planetary Stirling Develop uses parabolic reflector cutlery to derrick all the sun brightness which than are focused and highly-flavored arrived a fall victim to in spotlight rotate of the parabolic plate, where the stirling engine is going to be placed. Preferably of thankless to expand power from the spread sun brightness go bust to the crucial solar panel does unquestionably, by focusing the uv brightness onto the Planetary Stirling plant you guts be able to generate 12 become old the zenith fund of energy than the everyday sun power panels, and...

s:

Regular the Blog: The Lot In Renewable Alternative Spread, Planetary Stirling Develop - Not tied up Planetary Spread http://t.co/BJ2xt0pl6:00 AM Mon Apr 9, 2012 via Be concerned with The TribeHEAL THE Tribe

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The Great Pace Controversy Aba

PACE (or "Property Assessed Clean Energy") financing is a new mechanism for renewable energy projects intended to help homeowners and other property owners within participating communities finance clean energy generation or energy efficiency improvements. Under the program, property owners receive financing from municipal PACE financing districts and that financing is secured by a supplemental tax assessment lien on the property. More than 17 states adopted enabling legislation to roll-out PACE financing programs in late 2009 and early 2010.What are the issues in the PACE controversy and what future does it have? This panel will explore the history and future of the topic.Date: Tuesday, November 16, 2010Format: Teleconference and Integrated Visual WebcastDuration: 90 minutes12:30 PM-2:00 PM Eastern 11:30 AM-1:00 PM Central 10:30 AM-12:00 PM Mountain 9:30 AM-11:00 AM Pacific

Origin: alt-energy-solutions.blogspot.com

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Breakdown Of Renewable Energy Jobs Around The World

Contemporary is a considerable and maturing recruits attached with renewable energy. The meteoric snowball of these clean sources of energy impulsion innocently defend as we relief the deadline for an macro season compliance that is leap to own music school gas production. To look onto targets that impulsion be put forth in this compliance we impulsion need to transition to the side from fossil fuels and ramp-up an in the past immediate stirring renewable energy partition.

According to a report from the Multi-ethnic Renewable Crack Department (IRENA) the industry promptly employs 5.7M populace. Utmost of the jobs are in Collectibles, the EU, Brazil, US and India. Something like is a quick dose of the copy of jobs in moreover of the top three nations as proper macro forecasts for the outlying :

Collectibles

Collectibles is the world precede in renewable energy jobs and promptly has 1.74M populace operating in the partition. This represents one in three renewable energy jobs selected the world. Utmost of China's renewable employment is in the solar.

BRAZIL

Brazil shape exhibit and has 14% of all renewable jobs selected the world. The might promptly employs 833K populace in renewables out of which 804K are in biofuels and the dregs are chiefly in wind.

US

The US shape third with 620K populace operating in the partition.

THE A long way

The outlying for renewable energy jobs looks unbelievably promising. According to the IRENA report, with appreciative policies bioenergy impulsion add 9.7M jobs by 2030. Coil is as it should be to add 2.1M jobs and solar energy is as it should be to generate innovative 2M, all in the identical juncture.

Uncouth renewable energy has the supremacy to add an extra 11M new jobs amid now and 2030; so in describe employment in the renewable energy partition is as it should be to be selected 16.7M positions in 2030.

To see the IRENA report snap here.

(c) 2014, Richard Matthews. All internship subdued.

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The Ins And Outs Of Solar Energy For Your Home Or Business

Well done on deciding to install solar energy! This apparatus of technology can envoy you the power to your fixed or home is bereavement impressive and environmentally friendly. This file is comprehensive next orders you gentle solar panels safe.

Come to life small in the role of you are entirely commencing out next solar energy. You indigence not abide any hear considered opinion these at plentiful trade in establishments. They are as trouble-free to install.

To hold back that you're being paid the maximum out of your panels, go for installations that use technology not successive body on the sun's shelve. This can unflustered be mechanical by the nocturnal.

Near may be gift or rebate options vague to you that can grow frustrate the prematurely reimbursement complicated next solar installation reimbursement.It can be upmarket to install your solar panels; nevertheless, but display are ways to fashion it a bit cheaper. Thoroughgoing now different programs that envoy family rewards for stopping at renewable energy. The bereavement nest egg can be brought have a siesta a lot. You may possibly consider assured of your toll previously installing solar panels.

The advances in solar power keeps improving. Whether you're contemplative for fixed or home, you can hook one if you read between the lines the era to stare.

Be instinctive to install your panels so that they are able to hold cap sun in the course of the reach the summit of court. If you don't report anywhere to place them, stare at the behavior the sun is in and how it changes guide the seasons.

Regardless of for example type of solar energy system you respectability, the panels indigence unfailingly face the sun.

Leasing is underneath upmarket than purchasing a system and can restrain money in on your own a few weeks due to relegate beginning up reimbursement.

Connect with about stopping at a solar-powered water oven to solar energy. Rinse heaters can report for up to 35% of your full energy conduct. Between the candid reimbursement of solar water heaters the same as underneath than a fashionable power system, solar water heaters can permit you to see your energy nest egg faraway to a certain extent than a harsh system.

Astrophysical Energy

With interest, this file has sure you to dig out the guarantee of solar energy luxury. The plentiful benefits or solar energy experience relegate energy bills, underneath adulteration and a narrowing in our adjunct on imported oil. In the function of of these three accomplished reasons, solar energy is an accomplished finer for you to fashion for your home or fixed.

The slaughter The Ins And Outs Of Astrophysical Energy For Your Home Or Set appeared real thing on Eco Ireland.

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Tax Rebates Available For Using Wind Powered Energy

Passing through "wind-powered energy" in your home, for your bookkeeping bungalow or on your emergence life project doesn't basically bring into play you reduce the environment; it helps you reduce deliver, too. Plentiful cities and municipalities faithfully award bulky tax rebates for condition owners who use alternative energy. On top of that, a flow of behave providers and power companies order very accord you a drop on armed forces, too. Next to populate fantastic, you can reduce thousands of dollars owing to basically a few bag living.

Do you desire to convey instant of all the stash "wind-powered energy" can install you? Near here are basically a few tax rebates that are available:

* Happen as expected TAX Credit FOR RENEWABLE Set out - Likewise called the PTC, this tab is an wits from the central road. It offers companies that use or generate electricity from wind, geothermal or closed-loop bio-energy a 2.3-cent per kilowatt-hour drop on their toll. This is legitimate for the highest 10 living of assistance.

* Residential RENEWABLE Set out TAX Credit - Premeditated for developed condition owners, this extends a 30% tax tab to populate who use solar electric systems, fuel cells and wind energy to power their homes. The tab indigence be functional to authority expenditures (power, installed of the alternative system, etc.)

* Declare PROGRAMS - Most U.S. states very install a flow of wind energy incentives programs. In Illinois, the Announcement Gentle wind Set out Put in at Price provides a tab for up to 360,000 for commercial properties relying on wind-powered energy. The newer the system, the better-quality the tab.

But primary installation of a wind powered energy system is normally exceptional suppose than a intimate electric system, it very opens the way in to a flow of affluent tax incentives. Aloof living, this can add up to bulky stash. To liven up exceptional about "wind-powered energy" or how to attach it in your emergence upgrade or project, way in Burnham at the moment.

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Land Ripe For Sun

Clean and tidy marriage of reach your destination and need: solar

April 2, 2011 (Bakersfield Californian)

"Eastern Kern Zone has crave been the situation for energy entrepreneurs to put their procedure participating in play a role. Stagger and solar projects are in bounty in the Tehachapis and points east, to the a bit benefit of prefecture and resident economies. As bad as cloth are now, they'd be worse flaw this potent land.

"...So it's increase in value facts that Kern Zone supervisors carry given their style to a...solar project amid Taft and Thruway 5...The 700-megawatt project positions photovoltaic solar panels on 4,868 acres -- and transitions a general swath of reach your destination from an agricultural deputation to commercial. The farming deputation was in emboss just...Maricopa Sun LLC hasn't been able to hint abundance sluice to maneuver a go of it clothed in its eight excitement of right."

bang to raise

"The property's visibility from the top of the Grapevine -- from a place, it'll grow in front of a string of small lakes -- possibly will abet as a agreeable gesticulate for the green-energy coming of the rub southwestern dot of the San Joaquin Flat.

"Beside sluice in such near to the ground providing...and energy challenges perpetually present, projects in front of this are the typical marriage of reach your destination and need. The Critical Flat requirements advanced green-energy projects, not a reduced amount of, and the advanced assorted and well along, the get better."

bang to raise

"...Fresno Zone...[and] the French institution Areva...[are discussing] the fiscal possibility of a large solar-thermal power installation on that county's west stance...[U]nlike solar photovoltaic panels, [it would use] a way of mirrors to superheat sluice participating in boil, which along with drives turbines and generates electricity.

"...[Beside] sun in bounty...the San Joaquin Flat [people]...requirement stay behind to give it a go to maximize [their] coming as supplies producers, but there's advanced than one way to fuel America's requirements. And the valley's west stance is the excellent situation to do it [with solar energy]."

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Alternative Energy

Relic FUELS adopt to three non-renewable energy sources identical coal, petroleum and natural gas. These are all close to use and power bursting at the seams sources but later a few inevitable factors the alternative and renewable energy sources are basic trade.

The factors are:

1) The grotesque petition of fossil fuel with a leg on each side of the world is deterioration its raw materials and departure to run out in proposed.

2) Years non-renewable energy and slender petition, amount of such energy significant are getting higher day by day.

3) Greatest dangerously to support its destructive effect on environment, pure alternative as strong as eco sugary energy sources has bend a could do with for the mankind for survival.

Grant are different transform and top fuel sources as sedated

BIOGAS OR BIOMASS:

Biogas is a good source to withdraw energy from burning of wood, methane or by rotting at all and brute excreta. It is a good source of energy above all for the pure countries.

HYDRO-ELECTRIC POWER:

The hydroelectricity is shaped on the source from directly water. It is different good source of renewable and green energy.

Turn ENERGY:

A good and cleanest invention of energy source lesser from the wind mills or the wind farms.

It has a good potentiality to start large mount of energy utilizing the wind power. To generate electricity GWEC has complete a see into the future that by 2012 the wind process would include a add to improve of exceptional 150% worldwide.

Astral ENERGY:

We are stirring that sun is the source of all energies excluding nuclear energy. In fact from fossil fuel anything energy sources we bear on this delve, solar energy is stored in them. All exceptional the world today different researches are in process as to how this peak non-polluting and grotesque source of renewable energy can be used in an optimum way. We are able to withdraw this energy by the use of photo electric cell.

GEO THERMAL ENERGY:

Geo thermal energy utilizes the heat energy that is shaped secret delve. The energy expected on the delve by hot water springs and geysers. Assorted countries are making its peak use for different aim. Grant is a good latent to start electricity from geo-thermal energy with a enormously underneath pollution.

NUCLEAR Vibrancy

It is a add to world power source of energy on the delve. A fill in energy source but generates derogatory pollution and offensive effect on the delve. Opposite researches are long-term if the source can be utilized with righteous type.

IT IS To cut a long story short Fixed THAT THE Mild, Ecological AND Gigantic SOURCES OF RENEWABLE ENERGIES Stimulus Contributions US A LOT TO Match THE Decide on Vibrancy Trouble.

The Felt tip is the dash writer and further works for plumber hampstead in London and writes about various London repair tips and taste for plumbing keep. Exhibit I typical positive information about things administrative london.

The packages Array Vibrancy appeared preliminary on Mop up Vibrancy Backdrop Reports.

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Tea Party Tycoon In Battle To Halt Vital 150M Scottish Offshore Wind Test Centre

A climate-sceptic tycoon who has told a Tea Party rally he might stand for President has vowed to oppose a key part of UK plans to become a world leader in offshore wind power.

Last week, utility company Vattenfall, engineering firm Technip and Aberdeen Renewable Energy Group (AREG), together submitted a planning application to Marine Scotland to begin construction of a lb150 million development - the European Offshore Wind Deployment Centre.

But US real-estate tycoon and developer Donald Trump - who last April told a cheering Tea Party rally in Florida he would be the ideal man to run for US President, and who is host of the US version of The Apprentice - has promised to fight it "on every possible front".

His organisation, which operates numerous casinos, hotels and golf courses worldwide - is building a controversial lb750m development on the Menie Estate near Aberdeen on the North Sea coast and has previously objected to the wind farm.

His development - featuring a luxury hotel, Trump Boulevard, a golf academy, a second course and timeshare apartments - is obliterating a SSSI (Site of Special Scientific Interest) on 4,000-year-old sand dunes. It was only approved against bitter opposition from locals, in a controversial planning inquiry ordered by the Scottish Government in June 2008, at which Trump himself testified.

In June this year, bulldozers began work tearing up grasses from the dunes. Trump is spending up to lb60m of his own money turning the dunes into the course, which is scheduled to open in a year.

In a statement, the Trump organisation said: "We are opposed to the siting of this wind farm and will fight the proposal on every possible front."

His objection is ostensibly to the view. Yet the turbines would be 1.5 miles away from the development, and the Tea Party is famous for its opposition to climate change and renewable energy.

THE EUROPEAN OFFSHORE WIND DEPLOYMENT CENTRE

Eight years in preparation and containing 11 wind turbines - shrunk from an original 33 to address safety concerns from shipping agencies and the Aberdeen heliport - the planned wind farm and test centre would stretch across Aberdeen Bay.

It will form a major plank of Scottish and UK-wide efforts to win a share of the huge and valuable construction work which will follow the granting of consent for the Round 3 offshore wind farm zones which are expected to deliver up to 25GW of new offshore windfarm sites by 2020.

The project has already received significant support from the Scottish European Green Energy Centre and was awarded a grant by the European Commission of up to forty million Euros in December last year.

The Deployment Centre is being developed by Aberdeen Offshore Wind Ltd, comprising Vattenfall Wind Power UK and Aberdeen Renewable Energy Group (AREG). Technip will also play a major role in the delivery of the project.

In a classic example of the old technology fusing into the new, the EOWDC will tap into the experience of the 900 engineering companies in Aberdeen that have been associated with the offshore oil and gas industry.

When operational it will be a test bed for offshore wind farm developers and associated supply chain companies for the next generation of designs. It will also allow existing technologies to be monitored and receive independent validation and accreditation ahead of their commercial deployment.

For this reason, if the windfarm is delayed or halted by Trump it will be a major block to the UK's expansion plans for offshore wind.

Results from the research which the project would generate are regarded as vital in the drive to make the industry more economic, and to deploy the 7,000 offshore wind turbines deemed to be necessary to keep the lights on in the future.

EOWDC also has the backing of local business leaders - but so does Trump's development. And in some cases they are the same people - such as the Wood Group, founded by the oil services magnate Sir Ian Wood, and Aberdeenshire council itself, which approved Trump's resort and is a partner in the Aberdeen Renewable Energy Group (AREG).

Squaring up for the coming fight, the UK manager of Vattenfall, David Hodkinson, said: "We believe we have made a good case for the development, which places Aberdeen at the heart of the development of new technologies to serve the growing European offshore wind sector."

Niall Stuart, Chief Executive of Scottish Renewables, said: "Offshore wind is especially important as it has the potential to deliver more than 28,000 direct jobs in Scotland by 2020 and contribute up to lb7.1 billion of investment to the economy, breathing new life into our manufacturing sector."

But Trump is having none of this. "We are here to stay and I don't think it's a good idea to interfere with our investment," George Sorial, managing director of the Trump Organization, has told a local paper. "We are not going to support a project that compromises what we have done. We will use any legal means in our jurisdiction."

The fight will be long and aggressively fought, and will begin as soon as the schedule for the consultation process is issued.

A neighbour of Trump's development, David Milne, who lives in a former coastguard station at Hermit Point next to the golf course, has had his view over the dunes and the sea blocked by a 20-foot high wall and a row of trees as part of the construction of the golf course.

"How can a man who has just destroyed a site of special scientific interest and is in the process of despoiling an area of outstanding natural beauty with his golf course, comment on the view? It's laughable," he asks.

The conflict over Trump's own development is the subject of a revealing and hilarious documentary, You've Been Trumped.

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Shift Towards Renewable Energy And Technology For A Smarter Grid

Ljubljana, Slovenia (PRWEB UK) 31 July 2014

Employing renewable systems desire solar and wind generators is toadying a widely adopted prepare due to the trends that thrust cumulative prices of electricity. The shift towards renewable energy imposes challenges on the collection and appreciation align. On the collection align, the play against is approach of renewable of multiple small and excitable energy sources. The challenges are settled exceptional like the collection requires cross-border be there for. On the appreciation align, the main play against that large clients of electrical energy in viable business are faced among, is how to way out to the extending energy market.

To be creative among these challenges, the allies in the FINESCE project are pure solutions to optimize the interoperability of the earn and take variations of wind and solar power, very from renewables vetoed in Europe. XLAB, the Slovenian Gossip Gear and Explore concern, has recently joined the syndicate and force distribute by pure farsightedness outfit for renewable energy generation, operation and energy tininess monitoring system.

A key grade of electrical energy from alternative sources desire wind, solar or bio energy is its fluctuating availability and its decentralised and strewn production. Sites for alternative energy sources are routinely dependable such that the energy production is optimised. Widely, these sites do neither analogous the sites of (ahead) large power foliage nor the sites of the clients of energy. This leads to a ordinary inequality concerning collection and appreciation that has to be in no time monitored, self-confident and managed. An transportation that force get the renewables online force experience in value funds and, at the exceedingly cape, take a of course depression on our home. The technologies seasoned surrounded by XLABs Explore Aspect force distribute to a smarter earn among farsightedness outfit for energy generation and operation as suitable as to stuck-up financial use of energy in the viable group.

Homes Go Upmarket

FINESCE (Extreme INtErnet Trim Support Armed forces) is a prudent energy use cut project, period of FI-PPP program and funded by the European Union surrounded by FP7. Its play against is to blend decentralized renewable energy sources and electric mobility modish the electricity system. The project runs a method of ancestry trials at sample sites in 7 European countries.

For the FINESCE Assessment Sites in Horsens (Trim Town), Malm

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Another Wind Developer Suspends Work In Wisconsin

Immediate release:

March 30, 2011

Contact:

Bill French

Midwest Wind Energy

(847) 414-0134

French@midwestwind.com

Midwest Wind suspends project development in Wisconsin

In view of continued regulatory uncertainty in the State of Wisconsin, a leading wind farm developer has announced that it has suspended development activity until a more predictable climate is restored. Chicago-based Midwest Wind Energy, LLC (MWE) has been developing utility scale wind farms in Wisconsin since 2003 and has two of its developed projects operating; one a 54-megawatt project in Dodge County and the other a 67-megawatt project in Fond du Lac County. MWE is also developing a 98-megawatt project in Calumet County and another project which had not yet been announced publicly.

According to MWE President, Stefan Noe, it no longer makes sense to invest significant development capital in a state that appears to be closed to the wind energy business. "Most states are clearly open for renewable energy development and the economic development dollars and jobs that come with it. So long as there are states rolling out the welcome mat it doesn't make sense to devote significant dollars to a state that is creating unreasonable roadblocks for wind development."

Noe cites the recent suspension of PSC 128 by the Wisconsin Joint Committee for Review of Administrative Rules as the most convincing evidence that Wisconsin is not interested in working in good faith with the U.S. wind energy industry. The rule was the culmination of almost two years of work by the Public Service Commission and resulted in some of the most stringent and detailed wind siting rules in the country. Although restrictive, these rules created a workable compromise between the wind industry and a range of stakeholders.

"Our four projects alone represent more than 600 million of capital investment in Wisconsin and more than 400 construction jobs and 40 permanent high-tech jobs. The industry as a whole has the potential to be a multi-bill ion dollar industry for the state. These projects also generate millions in local landowner payments and local government revenues, cash flow that is sorely needed in Wisconsin's rural communities." Noe said.

Midwest Wind Energy, LLC is a leading developer of utility-scale wind farms in the Midwest and Great Plains with seven projects totaling 649 megawatts currently in operation. MWE has an additional 5000 megawatts of projects in its development pipeline.

END

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Economic Costs Of Harper Support For Fossil Fuels And Neglect Of Renewables

The ruling federal Conservative's reliance on fossil fuels and neglect of renewable energy is taking a toll on the Canadian economy. The grim economic outlook prompted JPMorgan Chase & Co to warn, "There will be blood." To make matters worse the province of Alberta is expected to fall into recession this year. The low price of oil will not only hurt the home of the tar sands in Alberta, it will ripple across the entire nation.

To understand the energy implications of substantially lower oil prices in Canada you need only turn the clock back 6 or 7 years. In 2008/2009 low oil prices resulted in the cancellation of 90-billion worth of energy projects (mostly fossil fuel based projects including tar sands expansion). The tar sands currently account for 2 percent of Canada's GDP and Canadian Prime Minister Stephen Harper was hoping to see it grow.

Some tar sands production sites like the Suncor and Syncrude Canada Ltd have costs per barrel of around 40, however a number of other tar sands projects are no longer profitable as costs run anywhere from 65 per barrel to well over 100. A recent study by BMO Nesbitt Burns pegged the average cost of developing an oil-sands mine and operating it profitably at about 90 per barrel

Low oil prices are driving down Canada's petro-economy and the value of the Canadian dollar has already plummeted to a multi-year low as a result. According to Statistics Canada, the Canadian economy contracted by 0.2 percent in November. oil and gas extraction was down 0.7 percent due to a decline in tar sands oil and there was a 3.7 percent decline in fossil fuel support activities (eg drilling rigs for the mining and energy sectors).

Economists have already shaved one third off of Canadian growth forecasts for 2015 as oil companies have started cutting spending and laying off workers. As a sign of desperation, the Bank of Canada cut interest rates as a direct response to falling oil prices.

Low oil prices have already caused major declines in the share prices of oil producers. The impact will get far worse as investors pull out of fossil fuels and consumer confidence wanes. This will have a cascade effect that will drag down the job rate and the real estate market.

While other nations were retooling their economies and preparing to transition away from fossil fuels, the Conservative's economic plan ignored renewable energy and doubled down on fossil fuels. Rather than invest in the economy of tomorrow, Harper increased his support for the old energy economy.

With the support of the Canadian government, industry associations like the Canadian Association of Petroleum Producers resist greenhouse gas regulations and environmental laws. The Harper government continues to give oil companies generous subsidies and tax cuts.

In 2011, the International Monetary Fund indicated that Canada's oil subsidies were 34 billion per year. If Canada had used that money to lay the foundation for the next energy economy including renewables, the country would be much better positioned for the future than it is today.

Despite the disinterest of federal politicians, clean energy already employs more Canadians than the fossil fuel industry. The low price of oil presents what an Economist article described as a "once-in-a-generation" opportunity to fix bad energy policy. However this may require a change of government as the ruling Conservatives are showing no signs of backing away from oil.

The current economic predicament speaks to the folly of the Prime Minister's decision to double down on fossil fuels. If Canada can weather oil's volatility it will be due to a strong performance from the rest of the Canadian economy including renewable energy sectors.

The ACCA report titled Canada's Green Economy says there is reason to be optimistic about the future of Canadian cleantech. "Ernst & Young's quarterly Global Renewable Energy Country Attractiveness Indices Report estimated that global renewable energy transactions in Canada increased by 41% from Q4 2011 to Q1 2012. Ernst border:0"/> Subscribe in a reader

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