The price of going green in Ontario

The price of subsidizing alternative energy: 75% electricity rate increase to consumers since 2003 and another 39% increase by 2012:

Ontario Clean Energy Benefit — Wind Concerns Ontario questions what’s ‘clean’ about McGuinty’s vote buying Hydro rate cut

It’s so bad that the government has been forced to give consumers a 10% rebate to stave off a voter revolt.

Large industrial electricity consumers don’t get the rebate, which means they will pass it along to consumers in increased costs of goods and services, negating the rebate to consumers.  46% increase in the next 5 years and 56% when the rebate ends:

Lawrence Solomon: Ontario’s powerful sleight of hand

Brilliant.

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One Response to “The price of going green in Ontario”

  1. john Says:

    makes me want to drink alchoholic beverages

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