The WTO is a bully. Here is one example of how it has had an impact in Ontario. "In the province of Ontario, Canada, the WTO recently struck down a law and program designed to promote the development of renewable energy as a measure for mitigating climate change while also creating jobs. The program allots the majority of producer power rights to Ontario companies thereby making it possible for the province to make the transition from coal, oil and gas without completely damaging its local economy. Its ‘domestic content requirements’ ensure that new manufacturing jobs will be created in Ontario by requiring that 25 percent of the content of all wind projects and 50 percent of the content of all solar projects are produced by workers and industries in the province. This program also guaranteed preferential 20-year purchase price per kilowatt-hour for electricity from wind and solar generators from companies that had a certain percentage of their costs originating from Ontario."
Posted on: Sat, 07 Sep 2013 12:43:39 +0000
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