ClimateGate news

Friday, April 16, 2010

The cost of green energy

Despite continued decline in Ontario's electricity demand, prices are soaring as we move away from coal towards "green" energy.

Price of electricity jumps 12 per cent
The price for the energy portion of an electricity bill is going up on May 1
Ontario is rapidly pricing itself out of the market when it comes to electricity.
Ontario is getting less and less electricity at higher and higher prices. It's only going to get worse
And cheap electricity has long been one of the big attractions for industry to locate here. Industry that provides jobs.

1 comment:

Halfwise said...

I wonder how many people connect the dots between energy prices, jobs, tax revenues, quality of services (including medical and education) and quality of life.

Or is it a simplistic and incorrect "CO2 = pollution" theme that keeps on distorting politics and policy?

Nothing like a few rolling brownouts during peak consumption periods to get the people out with the modern day equivalent of torches and pitchforks, ie Tweets and Facebook postings.

Good judgment comes from experience. Experience comes from bad judgment.