July 19, 2024
We’re still paying for Liberal hydro blunders
Wind, solar and bioenergy ended up as multi-billion-dollar boondoggles that, as a report from the Fraser Institute released Tuesday said, continue to drive up the cost of electricity for residential and business consumers in Ontario, to among the highest levels in the country.
Wind, solar and bioenergy ended up as multi-billion-dollar boondoggles that, as a report from the Fraser Institute released Tuesday said, continue to drive up the cost of electricity for residential and business consumers in Ontario, to among the highest levels in the country.

Unfortunately, when voters tossed out the former Liberal government of Ontario in last year’s election, they couldn’t rid themselves of the complete mess the Grits left in their wake on the electricity file.

As a result, Ontario taxpayers and hydro ratepayers are continuing to pay for the multiple blunders of the 15-year Liberal reign of error on hydro pricing, presided over by former premier Kathleen Wynne and her predecessor, Dalton McGuinty.

Of all the mistakes they made, their biggest was their financially reckless rush into green energy.

To be fair, their goal was to eliminate Ontario’s reliance on coal-fired electricity for 25% of provincial energy needs, which was legitimate given the air pollution and greenhouse gas emissions that result from burning coal.

But in the process, they signed outrageously expensive, 20-year contracts with wind, solar and bioenergy developers for unreliable energy that wasn’t needed to replace coal.

[…]

See Also:

(1) Fraser Report: The Ontario Government’s Electricity Policies 2018–2019: How They Are Failing and How to Fix Them

(2) Ford government set to update the books

(3) ‘Confused’ Ontario city spends $45K toward naturopathic clinic — because it has a shortage of doctors

(4) Is a climate tax in the cards for Torontonians?

(5) Northern Ontario’s turtle tussle pits scientists against quarry builders, with a threatened species caught in the middle

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