Showing posts with label prosperity. Show all posts
Showing posts with label prosperity. Show all posts

September 6, 2012

New CEAA Act to change Canadian RE Industries

The environmental assessment is a staple in the process of getting industrial energy projects approved and onto the construction phase. Whether the project is for a traditional or renewable energy source, or an addition to the transmission grid, projects must be reviewed by a governmental regulatory entity to make sure the addition to the area’s energy portfolio won’t have any adverse environmental impacts. The law by which this process is regulated in Canada is the Canadian Environmental Assessment Act (CEAA). The first version of this act was enacted in 1992, shortly followed by the establishment of the Canadian Environmental Assessment Agency, which is responsible for carrying out the assessments.