WhatFinger

Ontario’s Green Energy Plan amounts to a ‘pump and dump’ corporate welfare transaction for wind developers and paid for by Ontarians

Ontario Govt. Buying Wind Energy at 10x Market Rate - and Dumping it on Neighbouring Jurisdictions


Even though high winds are generating over 1000 megawatts (MW) of wind energy per hour in the province of Ontario today, it means little for Ontarians energy supply mix. Why? Virtually all of that energy is going to waste says Wind Concerns Ontario President John Laforet. “It is shocking that Ontario’s Green Energy Plan amounts to a ‘pump and dump’ corporate welfare transaction for wind developers and paid for by Ontarians. I’m sure ratepayers in New York, Michigan, Quebec and other jurisdictions we are give this energy to at a loss appreciate Dalton McGuinty’s fiscal incompetence; but Ontarian’s can’t afford it any longer!”
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