Green Act hits wind shear

The Ontario Liberals deserve credit for getting it half right. The Samsung sweetheart deal and the Green Energy Act are good for the planet (NOW, January 28-February 3) but bad for the economy.
The McGuinty Liberals now subsidize green electricity and dirty electricity but continue to ignore accurate pricing and conservation, critical parts of achieving a 100 per cent green grid.

Coal-generated electricity is subsidized by hidden climate change costs and by the health care costs resulting from dirty air.

Nuclear is subsidized by the cost of past nuke debt, limited liability, future decommissioning costs, etc.

If Ontario charged the accurate cost of electricity, wind power would not require feed-in tariffs, other renewables would be much closer to viability, and revenue from true-cost electricity accounting could be used to reduce income taxes.

Frank de Jong
Past Leader, Green Party of Ontario
Toronto votefrankdejong

Source: NOW Magazine // Letters to the Editor