We really are fools.
Ontario is the place where the most bizarre energy policy in the world has seen thousands of these things speared into the backyards of homes – in the most agriculturally productive part of Canada. When we say “bizarre” we mean completely bonkers.
Canada has one of the “cleanest” power generation mixes on the planet, with the vast bulk of its electricity coming from zero emissions sources such as nuclear and hydro.
Adding to the lunacy is the fact that wind power outfits are guaranteed to reap fat profits despite market conditions.
Where the wholesale market price for power in Ontario is between $30-50 per MWh, wind power generators pocket a fixed price of $135 MWh – even if there is absolutely no market for it and the Province literally has to pay neighbouring US States to take it.
Now, Ontario’s Auditor-General has run the ruler over the insane costs of…
View original post 1,258 more words