A spokesperson for the federal fisheries minister said the government is looking to improve the approval process for tidal energy, as Ottawa pledges billions in tax credits to spur the creation of emissions-free power generation.
A firm that hoped to create power from the Bay of Fundy's massive tides is winding up operations due to what it says are excessive regulatory hurdles from the federal Fisheries Department.
Tidal power firm winds up Nova Scotia project, blames red tape and delays from Ottawa niagarafallsreview.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from niagarafallsreview.ca Daily Mail and Mail on Sunday newspapers.
A spokesperson for the federal fisheries minister said the government is looking to improve the approval process for tidal energy, as Ottawa pledges billions in tax credits to spur the creation of emissions-free power generation.
Jason Hayman, chief executive of U.K.-based Sustainable Marine Energy, says investors are placing their Canadian subsidiary into bankruptcy after fruitless talks with the federal Fisheries Department