Last week T. Boone Pickens, the Texas billionaire, ditched the “Pickens Plan”, a scheme to build 4,000 MW of wind capacity in Texas.
The same week “Deep” Dalton McGuinty announced plans for Ontario, with Samsung to build 2,000 MW of wind capacity and a few fabrication plants in this province.
Why are these contradictory decisions so interesting? T. Boone abandoned his plans because no financier thought building wind turbines made any financial sense. But Ontario taxpayers are ponying up $7 billion smackeroos for the privilege of doing what no one else in North America will. Continue reading →
Economies of the Third-World are usually defined by “sweat shops” or “branch-plants” operations. The definition has recently been enforced onto the province of Ontario by Samsung’s “Green Deal” as a reminder to all, that the auto-industry “branch-plant” policies of 60’s have just found a worthy successor which — as opposed to the already known perils of car industry – has, in the long run, all the features of setting the Province on the slide into the socio-economic oblivion. Read entire article here
When government and industry talk about green energy, what they mean by green is the green stuff that will be going into the pockets of special corporate and government interests.
In a dramatic move yesterday, Ontario Premier Dalton McGuinty struck a green electricity deal — allegedly the biggest of its kind in the world — that will transmit a subsidy worth as much as $10-billion into the hands of a Korean state enterprise and corporate giant Samsung. Continue reading →
Premier Dalton McGuinty says his $7-billion deal with South Korea’s Samsung Group to create 16,000 new jobs over six years and generate 2,500 megawatts of renewable energy will “make Ontario the place for green energy manufacturing in North America.”
He’d better hope so. That’s a huge price tag to provide less than one-third of the 50,000 green jobs McGuinty promised would result from his Green Energy Act.
At 16,000 jobs (only 4,000 permanent) it’s $437,500 to create each one. Continue reading →
Something is rotten: Despite wind power, fossil fuels still dominate electricity production
Denmark oozes green.
Its capital, Copenhagen, won the moral right to host next month’s climate change summit in good part because Denmark seems to have found the winning balance between growth and carbon reduction. Wind power is coming on strong. Its citizens are willing to pay sky-high electricity prices to encourage conservation. Its hot-water-based district heating system is considered a marvel of energy efficiency. Continue reading →
Spain’s Self-inflicted Economic Wounds from “Green Jobs” Regimes
…for every renewable energy job that the State manages to finance, we can be confident that on average 2.2 jobs will be destroyed, to which we have to add those jobs that the non-subsidized investment would have created.
The government needs to explain why it would agree to pay a private company nearly three times what it pays publicly owned Ontario Power Generation for hydro electricity, the official opposition demanded yesterday.
“Why would your government be willing to pay a private power producer up to 8 cents a kilowatt hour, causing ever-increasing power prices to our consumers, when our regulated power provider, Ontario Power Generation, only receives 3.2 cents per kilowatt hour for their regulated hydraulic resources? Why?” Progressive Conservative energy critic John Yakabuski said during question period. Continue reading →
This is in regard to the ‘Green Energy Bandwagon’ and the media’s comments that go something like, “It’s not as if wind power is controversial.”
Wrong, wrong, wrong. More than 4,000 (some say as high as 7,000) of these massive, noisy, 400-foot high industrial behemoths are being erected in the backyards of people living in developed communities throughout south central Ontario, for no practical reason whatsoever. Continue reading →
The Ontario government’s multi-billion-dollar wind turbine deal with South Korean industrial giant Samsung Group is in jeopardy after a power play in Premier Dalton McGuinty’s cabinet, the Toronto Star has learned.
Sources say rival ministers opposed to Deputy Premier George Smitherman’s pet scheme, which they fear will mean “billions” of dollars in subsidies to Samsung, have convinced McGuinty to stall the landmark deal first reported in the Star on Sept. 27. Continue reading →
In the PR war over subsidies, the wind industry appears to be waging a dirty war.
When industries look for government subsidies for money-losing propositions, a common business model these days, one of the most important strategic elements is to make sure you have a well-oiled public relations machine to keep the facts from getting in the way. Voters don’t like to back money-losers, which means keeping them steadily misinformed or at least confused. Continue reading →
Excerpts: If, as some believe, wind replaces baseload then economics of wind should be compared to baseload, which makes wind very expensive. Typical average capacity factor for wind is ~20%-25%, while nominal cost is about $2,000/KW. Equalizing for capacity factors, wind actually costs ~$8,000/KW vs. ~$3,500/KW for super-critical coal and geothermal plants, ~$1,000/KW for CCGTs, and ~$5,000-$8,000/KW for nuclear.
We believe plans for sourcing 20%-30% of electricity from wind is foolish. The reasons why the Danes have 20% of their power source from wind are multiple, but one that sticks out is the fact that they are willing to live with interruptible power. [North] Americans, in general, aren’t: asking an [North] American to turn off their air conditioner in the middle of July or August isn’t going to win anyone votes.
Wind isn’t as clean as it’s portrayed by advocates. Part of the back-up power to wind has to be spinning reserves: power plants that burn fuel (typically natural gas), but are not generating electricity. Spinning reserves would typically account for some 25% of the make-up of the back-up power.
In our view, wind makes for good investments, in our view, but not so good for consumers and grid operators.
“Somehow Navigator has a privileged, inside-information pipeline to the PMO and it doesn’t get much more privileged than that. It goes all the way to the top.”
OTTAWA — Opposition politicians accused officials in the Prime Minister’s Office of threatening the integrity of the independent Commissioner of Lobbying, in the wake of revelations that the watchdog was investigating a lobbyist firm with close connections to senior Ottawa Conservatives. Continue reading →
Although Germany’s promotion of renewable energies is commonly portrayed in the media as setting a “shining example in providing a harvest for the world” (The Guardian, 2007), we would instead regard the country’s experience as a cautionary tale of massively expensive environmental and energy policy that is devoid of economic and environmental benefits.
…At the Copenhagen climate conference in December, no group looks forward more fervently than big business to a global carbon control agreement filled with firm targets, big tax increases and massive subsidies for special interests all over the world….
…In Ontario, the list of corporations supporting and circling the province’s new Green Energy Act is an appalling demonstration of climatism run amok. From TransCanada to GE, from wind farm developers to solar panel makers, it’s a corporatist free for all. All have joined forces with David Suzuki, Environmental Defence and other green groups in cahoots with government to install a regime that looks all to much like a giant swindle. Mr. Suzuki’s image, and his video support for their cause, is a fixture on the Ontario green energy web site….
For Ontario to blow $1 billion over seven years not delivering on electronic health (eHealth) records, as Auditor General Jim McCarter documented last week, is frightening. But here’s something just as scary.
Everything that went wrong with eHealth can just as easily go wrong with Premier Dalton McGuinty’s similarly half-baked plan to make us a “renewable” energy giant.
Right down to the fact the same cabinet minister in charge when most of the damage was done at eHealth, is now in charge of renewable energy.
That’s not David Caplan, health minister for barely a year before the eHealth scandal broke, who McGuinty threw under the bus.
It’s George Smitherman, health minister from 2003 to 2008, when the problems at eHealth were exploding, who’s now in charge of the green energy file. Continue reading →
I wish to express my grave concerns with the passing of Ontario’s Green Energy Act. No matter where anyone buys a home, if it is near agricultural land, there is no guarantee that this land will not be used to erect industrial wind turbines more than 400 feet high, a mere 550 metres from the centre of your home, and residents are now powerless to prevent such an unwanted intrusion.
The green energy guidelines and regulations are still so incomplete that no government agency is even able to base them on peer-reviewed scientific or medical evidence to back up their unproven claim that there are no negative health impacts from these setback distances due to inaudible ultra-low-frequency sound or stray voltage. Continue reading →
With news Ontario is negotiating with South Korea’s Samsung Group for wind turbines and solar panels in a deal Energy Minister George Smitherman says could bring billions of dollars of investment and hundreds of green jobs to the province, we have some questions.
They also apply to the 50,000 “new” green jobs Smitherman and Premier Dalton McGuinty claim Ontario’s Green Energy Act will create over the next three years. Continue reading →
Wind reduces CO2 emissions at a subsidy cost of about $124 per tonne — one of the most expensive plans in the world
By Michael Trebilcock
Ontarians take note. A detailed new Danish study shatters most of the myths that the Danish-based wind turbine industry has been propagating in Canada and around the world as to the virtues of wind power. The study, Wind Energy: The Case of Denmark by the Centre for Policy Studies in Copenhagen, strongly reinforces reservations that I have noted in previous op-eds in this newspaper. Continue reading →
At the G20 Pittsburgh summit, Canada endorsed a commitment to end subsidies to fossil fuel industries and step up subsidies to renewable energy sources. “We commit to…stimulate investment in clean energy, renewables, and energy efficiency,” said the leaders. If anybody wonders what stimulating clean and green energy programs might mean to economic policy, a working model comes into effect today in Ontario. Continue reading →
UPDATE September 11, 2009: Carol Mitchell has been named Parliamentary Assistant to the Minister of Health and Long-Term Care. Mitchell will work in a stewardship role to provide overall direction and leadership for health care within the province.
My family doctor said, ‘Get out of that house or you’re going to die,'” said Wylds, adding that he now lives in Kincardine with his wife.
“I hope everyone in this room calls (Huron-Bruce MPP) Carol Mitchell who has been zero help to us,” said Glen Wylds.
All of which means that when the greens call for wind, they are really calling for natural gas. When Ontarians read newspaper headlines in 2015 saying that provincial GHGs are as bad as they ever were, they will wonder how they were so badly fooled by those who said wind is the answer to climate change. Continue reading →
(Ottawa, ON) – Energy Critic John Yakabuski (Renfrew-Nipissing-Pembroke MPP) said today that Dalton McGuinty and George Smitherman have clearly pulled a fast one on Ontario electricity customers. Yakabuski pointed out that the recent request by Hydro One for shocking rate increases is proof that Energy Minister Smitherman was not being honest when he repeatedly claimed that the “Green Energy Act” would only add 1% per year to your electricity bill.
“This is simply unacceptable. How can Dalton McGuinty and George Smitherman allow this to happen?” said Yakabuski. “Have they no regard for what people are going through these days? And worse yet, the McGuinty Liberals will rub salt into the wound when they add a further 8% to your bill with the implementation of the Harmonized Sales Tax on July 1, 2010.” Continue reading →
* They deliberately omit the destructive consequences of wind turbine construction sites, needed service roads and power corridors, especially in wooded environments.
* They deliberately omit the permanent destruction of aquatic habitats and fish migration routes, besides obstructing navigation, at sites where “in-stream” electric generators are installed. Continue reading →