Analyst zaps parties’ energy platforms

by Jonathan Jenkins, Toronto Sun

TORONTO – There’s a lot to dislike in all the major parties’ energy platforms, analyst Tom Adams says.  “It’s shocking the kind of monoculture of political thinking that has been established here,” Adams said, noting all three campaigns are offering electricity ratepayers relief by dinging provincial taxpayers. “They’ve all got these schemes that ramp up the cost (of electricity) while hiding it under the rug. It’s just shocking.  “I’m stunned by how irresponsible that is.”

The criticism applies equally to the Liberals’ Clean Energy Benefit that shaves 10% off electricity bills for five years at a cost of $1.1 billion a year, as well as Tory and NDP promises to remove 8% of the HST from home energy and electricity charges, which would cost a similar amount. The PCs are also committing to remove the Debt Retirement Charge from bills, something Adams called irresponsible.

Adams, who has in the past worked with the Progressive Conservatives on energy policy, ripped Leader Tim Hudak’s “Changebook” proposals as “a shell game” devised with little thought or care.

“Speaking as a conservative, I do not trust Mr. Hudak’s plan,” Adams wrote in an Aug. 6 posting to his website, tomadamsenergy.com. “Ontario’s Progressive Conservative party needs a real energy plan.”

Adams said he approves of Hudak’s plan to scrap the Liberals’ feed-in-tariff (FIT) subsidies for renewable energy — a guaranteed pricing structure designed to stabilize prices — but finds little else in the PC plan to recommend.

“Where I’m most critical of what Hudak is proposing is when he sounds like the Liberals,” Adams said.

The Liberals don’t fare any better.

“The FIT program is anti-competitive, absurdly inefficient, corrosive of community harmony in regions subject to unwelcome wind development, and outrageously contemptuous of consumers,” Adams wrote. “(It) has made Ontario an international magnet for carpet baggers seeking to jump on the gravy train while McGuinty is still pouring the ratepayer’s champagne.”

Energy Minister Brad Duguid said the subsidies are necessary.

“Without putting attractive FITs in place, Ontario would not have been able to achieve what we’ve been able to achieve,” Duguid said. “We’ve become the leading jurisdiction in the world, attracting $20 billion of investment into our economy and creating 20,000 jobs.”

PC energy critic John Yakabuski said Adams wasn’t completely down on the PC plan.

“In fairness he’s far more critical about what Dalton McGuinty’s been doing, and he’s particularly supportive of our plan to end the FIT contract and to cancel the deal with Samsung, those things that are adding up to huge increases on the energy bills of families and small businesses,” said Yakabuski, adding the HST cut remains a key plank for the Tories. “We’re confident that we’ve done the homework and people have been telling us over and over again they are looking for some sort of relief.”

7 thoughts on “Analyst zaps parties’ energy platforms

  1. So, like I beleive Tim Hudac is saying, there is no more stranded debt. The money has been collected, from electricity users, to pay the debt. The lying Libs. misappropriated that money and gave it to their equally corrupt freinds/supporters.
    So it`s not right to keep charging elect. users. That is harming the economy.
    In a fair world, it would be charged to every fool who re-elected the Liberals, last time out.
    Tom Adams is wrong on the debt retirement. He`s also being a bit careless in his criticism of Hudacs platform on energy, although probably right, it`s beyond most voters & especially Liberal voters, who will only see, ‘Tom Adams against PCs platform’ period, and vote Liberal again.
    Like Kim Cambell said “Elections are not the time to talk seriously about issues,or something to that effect.
    This is the time to get Liberals gone! And Hudac elected! That`s the only important thing right now!
    Remember history. Last elections religion in school? It wasn`t the time for serious discussion. If it was, John Tory would be Premier now!
    Tom needs to chill a bit,unless he wants a Liberal win again, and an end to democracy in Ontario.

    • I agree with Tom Adams — on the DRC, the need to see the FIT program end and Hudak’s lack of electricity policy.

  2. Energy Minister Brad Duguid said the subsidies are necessary.

    “Without putting attractive FITs in place, Ontario would not have been able to achieve what we’ve been able to achieve,” Duguid said. “We’ve become the leading jurisdiction in the world, attracting $20 billion of investment into our economy and creating 20,000 jobs.”
    That works out to $1,000,000.00 per job. Wow! What an achievement!

  3. Ontario lost 22,000 jobs last month…and 75% of them that have been created are either seasonal fulltime or partime jobs…
    And as far as wanting power..look to your right on this page.
    You have 1200 IWTs in Ontario…you are getting 207 MW..with a stated capacity of 5,000 MW

    Duguid thinks you are all idiots and fools

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