Long-time allies turn on McGuinty over Green Energy delays, cancellations

National Post
When the McGuinty government announced its signature Green Energy Act in 2009, John Kourtoff was one of many business leaders who had been lined up to offer unqualified support. “The Green Energy Act will serve as a turning point in Ontario’s economic history,” said Mr. Kourtoff, who as president and chief executive of Trillium Wind Power Corp. was not exactly an impartial observer.

In a release sent out by the Ministry of Energy, he said, generations from now, the new legislation would be recognized for “pro-actively moving Ontario to a new paradigm that was good for the pocketbook and good for the planet.” He is less enthused about the governing Liberals today. “Basically, they are saying that anyone who trusts them is foolish,” he said after a court heard arguments in his company’s lawsuit against the government after it cancelled all potential offshore wind turbine developments, citing the need for further study of their effects.

Mr. Kourtoff contends Trillium Wind invested thousands of dollars to secure development rights for several offshore projects. The government courted his business to the extent of paying for him to travel to Britain twice to tout the merits of the new legislation, which guaranteed heavily subsidized rates for renewable energy. Now, he maintains, Ontario has essentially said it always reserves the right to change its mind on policy matters. Those are the risks of doing business with it. Caveat investor. Read article

22 thoughts on “Long-time allies turn on McGuinty over Green Energy delays, cancellations

    • DER SPIEGEL, Aug.16,2012
      “Grid Instability Has Industry Scrambling for Solutions”
      Sudden fluctuations in the German power grid are causing major damage to a number of industrial companies. When voltage in the grid slackens even for a millisecond damage is done to high performance machines and can shut them down causing wasted materials.
      http://www.spiegel.de/international/germany/instability-in-power-grid-comes-at-high-cost-for-german-industry-a-850419.html

      • The problem solvers!
        Simple – steps to success
        Ugh! – ……..seeing a little

        Tue Aug 7, 2012 8:34am EDT

        Construction Commences on German Offshore Wind Farm Meerwind Süd │Ost

        Germany’s First Fully Financed Offshore Wind Farm

        WindMW GmbH (“WindMW”), a joint-venture of Blackstone and Windland Energieerzeugungs GmbH, today announces the start of offshore construction on its 288 MW Offshore Wind Farm, Meerwind Süd │Ost.

        Meerwind is an 80 turbine, 288 Megawatt (MW) wind farm that is being constructed approximately 50 km off the German coast in the North Sea. Once finished, Meerwind will produce clean power to service approximately 360,000 households and will help Germany eliminate approximately one million tons of carbon emissions per year.
        http://www.reuters.com/article/2012/08/07/idUS131494+07-Aug-2012+BW20120807

      • Dwight Duncan – Minister of Finance
        Fiscal responsibility – nothing yet!

  1. Ooops!
    Thanks Andrew Hill.
    As I re call – the Ombudsman – was not to get involved…..
    re: Green Energy File

    ‘[excerpt] Andrew Hill, a manager with Highland Solar, speaking for a coalition of several dozen people who work with small renewable energy firms, says they plan to ask the provincial Ombudsman to investigate the handling of the green energy file.’

    Yeah – let’s expose the ‘cronyism’ – in that ‘Green Energy File’
    Again – thanks Andrew!
    ‘hugs and kisses’ – from a NIMBY – in Ontario

  2. Reality Check!
    Ontario – moves towards ‘bankruptcy’ – manufacturing jobs leaving
    and,
    about those ‘green jobs’ – ‘stuck in the fast lane’
    nothing yet!

    Mr. McGuinty’s demonstration of how ‘cronyism’ works
    has even stunned – Mr. Kourtoff’s ‘pocketbook’.

    ‘[excerpt] “The Green Energy Act will serve as a turning point in Ontario’s economic history,” said Mr. Kourtoff, who as president and chief executive of Trillium Wind Power Corp. was not exactly an impartial observer.

    In a release sent out by the Ministry of Energy, he said, generations from now, the new legislation would be recognized for “pro-actively moving Ontario to a new paradigm that was good for the pocketbook and good for the planet.”’

    Future generations? – no comment yet!

  3. John Kourtoff, welcome to the discovery of what Dalton McGuinty is really like. Ontario was slow to see the real Dalton because we had no idea how devious, and lacking of ethics, he really was. We’ve learned the new low to which politics can stoop. We expected some variation of democracy. We had no idea we had entered the dictatorship style until we had seen the new trend in government decision making. That takes a while, but now we’re fully aware. Fool me once, shame on you. Fool me twice, shame on me.

    Here’s another hot tip. Don’t invest in any more subsidized ventures in Ontario–not until McGuinty is out of power, and not until you see who the next ruling party will be, and what their decisions will be, on past and future FIT-backed projects. Any Ontario governing party in the future, has to make many changes to rectify the abhorent transgressions of the Dalton Gang. We can’t endure Dalton’s debt load. I wouldn’t hang my hat on the FIT hook if you’re looking to stay and invest in Ontario. Make your business decisions based on a solid business model, not on political cronyism and under-the-table deals. Get back to basics.

    I hope I see many more Dalton “reality” stories in the National Post in the future, too.

    • The bus just left!
      ‘[excerpt] We expected some variation of democracy’

      Let’s ponder – a while – @ the bus stop –
      ……..while we wait for the next bus to pull in.

  4. Any renewable energy government contract obtained where fraud and/or corruption is invloved is very likely null and void. Ontarians not on the hook to pay up.

  5. Corporate Knights
    Corporate Knights magazine is published quarterly by Corporate Knights Inc.and distributed as an insert in the Globe & Mail and the Washington Post.
    http://www.corporateknights.com/about
    Board of Directors includes:
    Nicholas Parker, Ontario Premier’s Climate Change Advisory Panel, Co-Founder of CleanTech Group
    Toby Heaps, Board of Friend’s of the Earth Canada
    Christine Bergeron, VP Chrysalix Energy
    http://www.premier.gov.on.ca/news/event.php?ItemID=141&Lang=En

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