Let That Be A Lesson To You!
It seem unlikely Australian political leaders (those allied with the Greens, anyway) will take any notice of this story, which is yet another reason to dump them at the next Federal election.
From Canada’s National Post:
We have long argued that the Ontario government’s headlong rush to convert Canada’s industrial heartland to “green” energy would turn out to be nothing but a colossal waste of money. Since most alternative energies remain commercially impractical (that’s why they’re still alternative and not mainstream), the blind rush by Dalton McGuinty’s Liberal government to substitute wind, solar and bio energy for coal and oil was never likely to produce much new energy, just higher power rates for residential and industrial consumers. But even we underestimated the extent to which the Ontario Liberals’ 2009 Green Energy Act had failed in just over two-year’s time.
In one of the most scathing indictments of government mismanagement we have ever witnessed, Ontario Auditor-General Jim McCarter reported Monday that Mr. McGuinty’s green dream has rapidly become an $8-billion nightmare for Ontario taxpayers and electricity users. Almost no new net power will be generated by all the green-energy projects hastily funded since the bill was passed, but the average residential consumer will see more than $400 a year added to his power bill for a decade to pay for all the bad contracts with and subsidies to eco-friendly power suppliers.
I was amused to see in this weekend’s Adelaide papers (which I never buy – the supermarket was giving them away), advertisements for rooftop solar panels, telling readers that with recent dramatic increases in domestic electricity costs, there had never been a better time to buy solar. Not a hint, not a sausage nor a whisper to indicate that the primary cause of the last two years of huge price rises has been government subsidies for the capital cost of rooftop solar installations, and the government’s forcing power companies to pay owners of rooftop installations a feed in tariff as much three times the retail price of electricity.
These schemes have been so ridiculously generous that I was briefly tempted to have solar panels installed. But I don’t approve of ripping off ordinary taxpayers despite the possibility of a temporary benefit. Welfare agencies (generally in favour of meaningless green schemes) have pointed out that the tax breaks and feed in tariffs are actually subsidising richer households who can afford solar panels, at the expense of poorer families who cannot.
Let’s see. Ugly, expensive, disadvantage the poor. Sounds like a perfect Labor Party programme.