Ian Johnson CBC News
The past couple of days have been full of news about Ontario’s energy future. Close to 200 different alternative energy projects were announced, intended to yield 2,500 megawatts of power.
The big emphasis is on wind power. Premiere Dalton McGuinty claims that 20,000 new jobs, both direct and indirect, will be created, at a total cost of $8 billion.
That’s a lot of money, which is why a business columnist is weighing in. And whether you live in this province or not, this strategic direction profoundly affects you. I’ve got some bad news: Ontario’s energy policy decisions are 100 per cent wrong-headed and the best hope is that other provinces will learn from the error of our ways. Continue reading