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NB Power

As of 2005-04, NB Power accounts for 47 per cent of New Brunswick's total greenhouse gas emissions. According to Jorge Barrera of the Times and Transcript:

"Its Coleson Cove, Belledune and Dalhousie power stations rank as the province's top polluting facilities. The Brunswick smelter in Belledune is the only other privately owned facility that emits nearly the same amount of pollution. The Coleson Cove power plant, which burns boiler fuel, emits around three million tonnes of
greenhouse gases a year. The coal-fired power plant emits nearly the same amount. The Orimulsion-fuelled Dalhousie power plant pumps out about 1.5 million tonnes of greenhouse gases.

By contrast, the province's industrial sector accounts for roughly 14 per cent of the province's greenhouse gas emissions and the transportation sector generates about 29 per cent, according to the most recent ((Environment
Canada)) figures.

NB Power can only continue to generate electricity and hope Ottawa's expected regulations don't impose too much of a financial burden.

NB Power could face additional yearly costs of between $10 million to $20 million as a result of Kyoto if it is forced to buy carbon credits on the market to meet the yet to be announced greenhouse gas targets.

The federal government has already capped the price of credits at $15 per tonne, but what the final price will be and how many credits NB Power will need has yet to be determined.

NB Power would not grant an interview on the subject and instead issued an e- mailed statement to the Times & Transcript, which "the future of the Point Lepreau nuclear plant played a key part in its greenhouse gas emission strategy. The company said it was aware
it could be forced to purchase carbon credits to meet federal targets and that it was preparing to file its 2004 greenhouse gas emission inventory to Ottawa. The details and rules with respect to what is expected of NB Power are still evolving," said NB Power.

Ottawa's Kyoto's plan is far from clear now that the Liberal government is in the midst of a political firestorm over its attempt to include Kyoto related measures in its budget implementation bill. There are also reports the Liberals have reduced targets by more than a third of what was originally planned.

Under the latest proposal, big polluters would have to cut greenhouse gases by 39 megatonnes instead of the 55 megatonnes set out in the 2002 Kyoto plan. Facilities that emit greenhouse gases by burning fossil fuels would now be expected to cut emissions by 10 to 15 per cent, with the average not exceeding 12 per cent.