Local procurement rules in Ontario Green Energy Act threatened.
July 21, 2011
"Ontario's controversial green energy policy is facing a new assault as famed oilman tycoon T. Boone Pickens has launched a $775-million NAFTA challenge alleging the government has discriminated against his privately owned wind energy company.
With the Dallas-based Mesa Power Group's action, the Liberal government is now fighting multi-front battles over its Green Energy Act and the feed-in tariff that pays renewable energy companies premium prices for electricity - so long as they procure a percentage of the goods and services in the province.
Ontario Conservative Leader Tim Hudak has vowed to kill the Green Energy Act if his party wins the October election, while Japan has challenged the act's local procurement rules at the World Trade Organization…"
For the complete article, please click HERE.