Wind and solar account for only about 8 per cent of Ontario’s electricity output.
Borrowing costs could increase without interest rates changing if lenders believe Canada is becoming a bigger credit risk.
Ottawa has spent billions on its innovation agenda including $950 million to five hand-picked sectors of the economy.
Green technologies that were known money-losers pre-COVID remain money-losers today.
To preserve their “green image,” powerlines are often buried, adding to the cost and environmental impact.
To store the energy equivalent of one 300-pound barrel of oil, you’d need 20,000 pounds worth of Tesla batteries.
Gasoline would need to rise to $2.30 per litre.
Individuals are actually better decision-makers than government planners seem to believe.
By subsidizing wind and solar power, the government undercuts its own policy.
In Atlantic Canada, a stunning 20.6 per cent of households were in energy poverty as of 2013.