Thirty-eight per cent of Ontario business owners expect to see their bottom lines shrink due to rising electricity prices.
Green-tech advocates have convinced governments to spend untold billions of dollars on subsidies.
The United Nations Intergovernmental Panel on Climate Change has released its latest “Synthesis Report” drawing together the findings of the most recent three-volume set of the Fifth Assessment Report.
Since taking office in mid-September, Alberta’s new Premier Jim Prentice has talked an active game on the energy file. From the perspective of those who believe that Canada’s energy exports are vital to the country’s economic health, many of his comments seem positive. But there is one area where Mr. Prentice’s energy-policy comments are troubling.
In 2009, under the Premiership of Dalton McGuinty, the Ontario legislature passed the Ontario Green Energy Act (GEA), an Act that aimed to increase Ontarios use of renewable energy such as wind power, solar power, biofuels, and small-scale hydropower. The centerpiece of the Act is a schedule of subsidized electricity purchase contracts called Feed-in-Tariffs that provide long-term guarantees of above-market rates for power generated by those renewables.