Ontario trailing the world…Again

Canada Free Press
NORTH BAY – Nipissing MPP Vic Fedeli says it’s time Ontario started paying attention to a growing global trend in green energy.  “While Dalton McGuinty continues to drag us down his ideological green garden path – siphoning more and more money out of your wallet with each monthly hydro bill in the process—the rest of the world is doing a complete rethink on green energy,” Fedeli said.  This week, it was reported Spain is halting subsidies for renewable energy projects to help curb its budget deficit. (BusinessWeek, Jan 30, 2012) There, state-backed energy system borrowings reached $31 billion US at the end of 2011. That country’s Industry Minister said “what is today an energy problem could become a financial problem.”  Read article

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One Response to Ontario trailing the world…Again

  1. energy01 says:

    EXPOSED! TIME Magazine reveals fossil fuel backing for Sierra Club:

    “TIME has learned that between 2007 and 2010 the Sierra Club accepted over $25 million in donations from the gas industry, mostly from Aubrey McClendon, CEO of Chesapeake Energy—one of the biggest gas drilling companies in the U.S. and a firm heavily involved in fracking—to help fund the Club’s Beyond Coal campaign. Though the group ended its relationship with Chesapeake in 2010—and the Club says it turned its back on an additional $30 million in promised donations—the news raises concerns about influence industry may have had on the Sierra Club’s independence and its support of natural gas in the past.”

    http://ecocentric.blogs.time.com/2012/02/02/exclusive-how-the-sierra-club-took-millions-from-the-natural-gas-industry-and-why-they-stopped/

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