Cheap Oil Could Mean $30M For Nunavut’s Clean Energy Future

What would you do with an extra $30 million dollars? That’s the question currently facing the Government of Nunavut.

The recent drop in oil price means that the Arctic territory is set to save up to $32 million in fuel costs. This offers a unique chance to invest in green energy argues George Hickes, Iqaluit-Tasiluk representative in Nunavut’s Legislative Assembly.

“Very few people have actually brought up the topic of renewable energy, so I want to highlight the fact we have an opportunity now, with some of the potential savings and fuel resupply, to invest in alternative energy pilot programmes,” Hickes explains.

“It (Read more…)