Wynne’s axing of future green energy projects too little, too late

11822631_10153434729099360_749101345687174178_nLorrie Goldstein, Toronto Sun
Of all the spending scandals Ontario’s Liberal government has been involved in since 2003, none has been bigger than its mad pursuit of expensive, unreliable and unneeded wind, solar and biofuel energy. No other scandal — eHealth and Ornge pale by comparison — has cost present and future generations of Ontarians more money.

Tuesday’s announcement that Premier Kathleen Wynne is cancelling all future large-scale wind, solar, biomass (and, irrelevantly, hydro) projects — about 1,000 MW of excess capacity given the province’s huge energy surplus — is too little, too late. The problem is the Liberals have already locked us into far too many 20-year contracts for wind and solar power that aren’t impacted by the announcement.

These contracts gave wind and solar developers — many of them major contributors to the Liberal party — lucrative deals in which the province has to buy their power first, despite having an energy surplus that could power the province of Manitoba, according to Ontario auditor general Bonnie Lysyk. That means we either have to pay them to produce expensive electricity we don’t need that must be sold at a loss, or pay them not to produce electricity at all. Read article

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