The New - 20/20 Magazine
The New - 20/20 Magazine
The New - 20/20 Magazine
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subscribe to cme news rss FeeDs at www.cme-mec.ca cme neWs<br />
CME NS advocacy averts<br />
18 per cent electricity increase<br />
A combination of factors including<br />
the high cost of capturing mercury<br />
emissions, as well as the province’s<br />
dependence on fossil fuels, had Nova<br />
Scotian members holding their collective<br />
breath this summer.<br />
Under the collaborative “Demand Side<br />
Management” regime, Nova Scotians<br />
were told to expect as much as an 18 per<br />
cent increase in electricity rates as soon<br />
as January <strong>20</strong>11.<br />
<strong>The</strong> CME Nova Scotia Energy<br />
Committee took immediate action.<br />
Under the leadership of Robert<br />
Patzelt, VP risk management for CME<br />
member company Scotia Investments<br />
Limited, a comprehensive research and<br />
communication effort ensued.<br />
CME is proud to be among the leaders<br />
who approached the key players to see<br />
what options could prevent this rate<br />
shock in energy costs: one of the biggest<br />
manufacturing components.<br />
CME collaborated with the<br />
government, affordable energy and<br />
poverty advocates, the utility and<br />
consumer groups who were also facing<br />
double digit electricity hikes.<br />
One particular window of opportunity<br />
was identified by CME and others –<br />
the terms and time frame related to<br />
capturing mercury emissions.<br />
<strong>The</strong> government has listened and<br />
acted on the limited opportunity. <strong>The</strong><br />
result: CME’s intervention has bought<br />
Nova Scotian members and others,<br />
including the utility, Nova Scotia<br />
Power Inc., some needed time to meet<br />
environmental goals.<br />
This action is expected to deliver a<br />
dramatic improvement in next year’s<br />
predicted rate hike. Meaning millions of<br />
dollars for our CME members.<br />
“It’s important to note that we are<br />
not sacrificing our commitment to<br />
environmental goals,” said CME NS Vice<br />
President Ann Janega. “Apart from the<br />
timing change, the government is still<br />
keeping our feet to the fire in terms of<br />
overall emission goals. Likewise, NSPI is<br />
expected to make up for emissions and<br />
show improvements too.”<br />
Our thanks to Robert Patzelt and the<br />
CME members who helped to deliver<br />
this significant policy, environmental and<br />
economic win for CME.<br />
Leadership makes the difference. Join us.<br />
CME is dedicated to helping Canada’s<br />
manufacturers and exporters excel and<br />
grow in domestic and global markets.<br />
CME delivers solutions where they count<br />
— on the bottom line<br />
www.joincme-mec.ca<br />
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CANADIAN MANUfACTUrErS & ExPOrTErS’ MAgAzINE | 13
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