Total CONDEMNATION of Ontario’s Green Energy Act coming “fast and furious”!

Posted: April 12, 2013 in Uncategorized

It appears the cat is out of the proverbial bag!

In just 4 days this week and complete and total condemnation of McGuinty/Wynne’s Green Energy Fraud has been blasted into the public’s awareness by all sources of media. FINALLY!

We Rural Residents have known for years now about how badly this Green Energy Agenda will literally destroy Ontario’s ability to function on both the social and financial fronts and have tried desperately to get the news out to “uninformed” fellow citizens.

Now it appears the rot at the top has overflowed into something that resembles a “pile on” in a football game!

Read the release below by an industrial news outfit of what should’ve been reported years ago!

04/11/2013
Ontario’s Green Energy Act (GEA) will soon put the province at or near the top of North American electricity costs, with consequences for the province’s economic growth and competitiveness, according to a new report from the Fraser Institute, a Canadian think-tank.

Overall, GEA-related energy cost increases will yield a net loss of investment and employment in Ontario, in pursuit of environmental benefits that could have been obtained at a fraction of the cost, according to the report.

“Already, the GEA has caused major price increases for large energy consumers, and we’re anticipating additional hikes of 40 to 50 percent over the next few years,” said Ross McKitrick, Fraser Institute senior fellow and author of Environmental and Economic Consequences of Ontario’s Green Energy Act.

“The Ontario government defends the GEA by referring to a confidential 2005 cost-benefit analysis on reducing air pollution from power plants. That report did not recommend pursuing wind or solar power, instead it looked at conventional pollution control methods that would have yielded the same environmental benefits as the GEA, but at a tenth of the current cost. If the province sticks to its targets for expanding renewables, the GEA will end up being 70 times costlier than the alternative, with no greater benefits.”

READ MORE HERE:

 

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