Higher energy costs have helped drive Ontario’s anemic economic performance.
Adding more expensive renewables will not help Atlantic Canadians already burdened with high energy prices and expenditures.
Consumers will pay $9.2 billion more for renewables under the current plan than Ontario’s previous program.
In 2013, 30 per cent of households earning $27,000 or less had to devote 10 per cent or more of their expenditures to energy.
Thirty-eight per cent of Ontario business owners expect to see their bottom lines shrink due to rising electricity prices.
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.