Terence Corcoran: Ontario’s green energy plan sneaks in feed-in taxes
Tuesday, March 3rd, 2009
Terence Corcoran, Financial Post
March 3, 2009
The main economic tool driving renewable energy under the Green Energy Act will be subsidies paid directly to producers of wind, solar and other renewables
In the midst of a major economic meltdown, and with looming budget deficits totaling more than $18-billion, now might not be the best time for the government of Ontario to be embarking on a crushing new green energy policy that could add billions to the province’s electricity costs. But Ontario Premier Dalton McGuinty is nothing if not immune to the folly of his own righteous policies and the fiscal crisis he faces as a result.
Mr. McGuinty once promised to maintain balanced budgets and to never raise income taxes, so he raised taxes, watched provincial revenues soar by 40%, and then spent all the money, ending up with major deficits. And now he is set to abandon another sacred provincial principle: electric power at the lowest possible price. Under a new Green Energy Act introduced last week by Energy Minister George Smitherman, Ontario’s new energy strategy is to deliver power to Ontarians at whatever price can be rammed through by government fiat to achieve green results.
Already famous as a green nanny state, where every course at every school is to be larded with environmental propaganda, Ontario is now set to become a kind of green fascist state. The new energy act sets up carbon reduction and renewable energy — wind, solar, biomass — as quasi-religious goals that will be achieved via a massive power grab. Clause by clause, the act transfers authority to the province, giving the Energy Minister and the McGuinty cabinet the right to operate, control, regulate and direct the production, distribution and consumption of every kilowatt hour of electricity.
VANCOUVER — A bulletproof vest, handgun, baton and pepper spray were not enough to quell the fear RCMP Constable Kwesi Millington says he felt when confronted by Polish immigrant Robert Dziekanski during a fatal October 2007 incident at Vancouver airport.
As Ashley Smith slowly choked herself to death at dawn in her Kitchener, Ont., prison cell, seven guards looked on because they were instructed not to intervene if the troubled federal inmate was still breathing.