Europe’s energy crunch should serve as a cautionary tale for governments across North America with regard to the challenges of abruptly changing our energy mix by subsidizing renewable energy.
If Canada removed all fossil-fuel cars from the roads, emissions would only drop by 5 per cent.
Residential electricity prices increased 71 per cent in Ontario.
High electricity prices were responsible for roughly 75,000 job losses in the province’s manufacturing sector.
If you make something cheaper for people, they will likely use more of it.
Ontario has the highest electricity costs among provinces and some of the highest costs in North America.
From 2008 to 2016, electricity prices in Ontario rose by 71 per cent.
After years of governments mismanaging energy markets in Ontario, residents there now pay some of the highest electricity bills in Canada.