Any savings from cheap oil should go to green energy: Nunavut MLA – Nunatsiaq News
March 16, 2015
“I will take your suggestions into serious consideration” — Keith Peterson
The Government of Nunavut must do more to find alternatives to diesel-fueled power generation, and now is the time to get started, says Iqaluit-Tasiluk MLA George Hickes.
Low oil prices offer a rare chance for the government to gain a surplus in its annual budget for fuel, and an opportunity to use those gains to invest in alternative energy, Hickes said in the legislative assembly, March 13.
“Right now, the cost of oil is low. Traditionally, it’s always increased,” Hickes later told Nunatsiaq News.
So far this year, oil prices have hovered around $50 a barrel or less.
