Commentary: Governor Paterson Sees Why We Need Canada

Summary

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Gov. David Paterson recently held an economic summit with Canadian officials. Crossing the border into Canada, he made it clear the partnership between Canada and New York is crucial in helping both regions solve economic challenges. And, with officials from Empire State Development Corp., the New York Power Authority, the Public Service Commission, the New York State Energy Research and Development Corp. and other state representatives attending the discussions, the potential for solutions is very real.

The governor recognizes that Canada and its abundant resource of low-cost hydropower, could be key in stabilizing energy costs, particularly in upstate New York where the price of power is critical to attracting new business. And, with the stated goal of New York reaching the threshold of using 25 percent of its energy through renewables in five years, what better resource than additional supplies of hydropower? And, companies like HydroQUEBEC and Ontario Power Generation have plenty of hydro resources they want to sell. The issues are price and how we would get it here.

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Commentary: Governor Paterson Sees Why We Need Canada

Of course, hydropower is one of the earliest and most successful forms of renewable energy that...

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