by Dianne Saxe on March 10, 2010
The Ontario Power Authority has just announced the first group of contracts to buy renewable energy electricity at premium Feed in Tariff (FIT) prices, under the Green Energy Act. These contracts have been awarded for projects that do not require upgrades to the electrical transmission and distribution grid, and therefore can be built quickly without significant public investment. [click to continue…]
by Dianne Saxe on March 10, 2010
Last week, insurance representatives told the Ontario Bar Association that environmental cleanup insurance has become much less expensive, perhaps 1 cent per square foot per year for large property portfolios. The available coverages have also expanded.
This is good news. Environmental insurance is appealling, but has usually been too expensive for smaller deals and single sites of almost any size. Perhaps the new pricing will now bring it into reach.