If you want some idea of what German energy policy looks like, turn to Dalton McGuinty’s Ontario. The difference is that Ontario has reluctantly started to unwind its subsidized renewable insanity, which, as the Post’s Scott Stinson noted Thursday, has led to lawsuits from big wind and solar rent seekers (Still, you have to admire Mr. McGuinty’s even-handedness. His government is also being sued for cancelling that gas-fired plant in Oakville.)Read the Entire article at the Financial Post
While Ontario has been forced to face the consequences of its inevitably disastrous Green Energy Act, Germany is still hurtling into the renewables cul-de-sac. The one very big difference with Ontario is that the fastest-growing segment of the German electricity sector is … coal. Twenty-three new coal-fired plants are currently under construction.
Saturday, August 18, 2012
Peter Foster: Don’t mention renewables
Peter Foster: Don’t mention renewables | FP Comment | Financial Post:
at 9:59 AM