Feds’ renewable energy plan will make taxpayers poor

We are all for green energy, but a lot of thought needs to go into it, planning, budgeting and so much more. The Liberals, like everything else they have been doing just leap forward and spend-spend-spend.


1

Stop me if you’ve heard this one before: Politician announces green energy program, promises it’ll make everything better, yet offers no real details on how to achieve this goal.

Actually, don’t stop me. Stop Catherine McKenna. Please. Because the federal environment minister just announced that by 2025 all government operations will be run on renewable energy.

Right. And the Liberals will balance the budget before the next election.

In their write up of McKenna’s Thursday announcement made in Calgary, the Canadian Press teed up the joke thusly: “McKenna said the government will buy renewable electricity for federal facilities such as military bases.”

Then gave the punchline in the next sentence: “Few details were immediately available on how the program would work or what its cost implications might be.”

Of course they weren’t. Because the program won’t work. And the costs will be huge. Just ask the people of Ontario, who are the original victims of such green thumb optimism.

A provincial auditor general’s report from December explained how Ontario ratepayers shelled out $37 billion more than the going market rate for electricity over a period of eight years and, based on current contractors, will shell out an extra $133 billion of overpayments by 2032.

… Thanks to energy bills jacked up because of Ontario Liberal policies. Food bank usage is on the rise. Credit cards have been maxed. People aren’t turning on the heat or A/C anymore. One woman even confessed she’d taken to dumpster diving.

Now of course McKenna’s blind optimism isn’t going to directly harm anyone. No, that ignoble distinction will go to her boss, Prime Minister Trudeau, once his national carbon plan gets up and running and, among other negative effects, increases the price of gas by an estimated 11 cents a litre.

But what it will do is increase the government’s facilities fees. As in, it’ll be a pressure on the federal budget.

And all this right after finance minister Bill Morneau announced deficits would be even higher for the foreseeable projected future.

Will anyone be better off from this?

“Canadians companies that supply green goods and services,” McKenna said, “will see new opportunities to do business with governments, driving growth in this industry.”

Oh right. Those companies, like the ones in Ontario, getting paid more than the market rate. They’ll be better off. Everyone else? Not so much.

Reference

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s