ontario green energy act
The Green Energy Act provided long-term guaranteed contracts to renewable energy generators at above market rates.
Today’s high electricity prices are largely the result of policy choices including big subsidies for green energy producers.
Ontario’s plan to increase electric vehicle purchases may cost up to $277 million over the next five years.
Ontario government subsidized buyers of the $1.1 million Porsche 918 Spyder.
Earlier this month the Fraser Institute published a report sharply critical of one of the flagship policies of the Ontario government, namely the Ontario Green Energy Act (GEA). We found that the Act is costing Ontario over $5 billion annually but yields negligible environmental benefits, and that equivalent or greater benefits could have been achieved using conventional pollution control measures at less than one-tenth the cost.