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This paper develops a framework for a financial, economic, and stakeholder analysis of a residential rooftop solar net-metering program. The empirical focus of the paper is the net-metering program in Ontario, Canada, but the methodology is applicable to evaluating other public programs. The results highlight that without the Federal Government's subsidy for the initial investment cost, net-metered solar systems are not financially viable for representative households. Moreover, the stakeholder analysis reveals that for each additional net-metered system installed in Ontario, non-net-metered households experience financial losses of six times the benefits to the net-metered households. The net losses to the Federal Government of Canada and the Canadian economy are five and nine times the benefit to the net-metered households, respectively. The only stakeholder who benefits marginally is the Government of Ontario. In terms of environmental benefits, our estimate of the cost of greenhouse gas abatement by residential net-metered solar is 325 CAD per ton of CO 2 , which is significantly higher than the current (65 CAD in 2023) and future (170 CAD by 2030) national carbon price set by the Government of Canada. [ABSTRACT FROM AUTHOR]

This paper focuses on the status of policy studies on Global Climate Change and how renewable and high-efficiency generation technology can be part of the solution. It considers critical technologies and solutions toward realizing the targets set in the Kyoto treaty. Discussed is energy effi ciency in power generation, environmental benefits of high-effi ciency gas turbines in competitive energy markets which display less NOx and CO[sub 2] emissions per unit of power produced while providing power generators with the most competitive electricity, and experience in India in mitigating climate change with renewable energy as seen by the UN and an advisor to the Indian government in nonconventional energy sources. Also discussed is stabilization of greenhouse gas concentrations in the atmosphere that will present dangerous anthropogenic interference with the climate system as called for under the United Nations Framework Convention on Climate Change. [ABSTRACT FROM AUTHOR]