Toronto Sun, Antonella Artuso
TORONTO — Wind turbines are sucking money out of Ontarians’ wallets, a new report says. What Goes Up, a Fraser Institute report by Ross McKitrick and Tom Adams to be released Thursday, makes a number of controversial recommendations to ease the upward pressure on electricity bills.
The Ontario government should announce an immediate moratorium on new wind and solar power facilities, and revisit existing contracts that commit Ontarians to paying well above market rates for renewable electricity, the authors conclude.
“Wind and solar power systems provide less than 4% of Ontario’s power but account for 20% of the cost paid by Ontarians, yet the government wants to triple the number of wind and solar generators,” energy analyst Adams said in a statement. “That’s a good deal for wind and solar producers but a raw deal for consumers.” Read article