Mr. McGuinty's government began eyeing the development of new, clean energy sources in 2006, when the province was facing a shortage of electricity. He intrinsically linked the province's economic fortunes to combatting climate change, saying it is not a matter of choosing between prosperity and the environment.And look out Toronto... ex-Liberal enviro-savant Furious George is no doubt eager to wave his magic eco-wand over Hogtown.
Former energy minister George Smitherman was the driving force behind the strategy, pushing renewable energy projects with little regard for cost, according to industry sources. He resigned to run for mayor of Toronto, leaving his successor, Gerry Phillips, to deal with the fallout from that strategy.The fallout? That doesn't sound like a good thing.
Industry observers say prices will increase substantially in Ontario over the next two years as the cost of higher priced renewable energy flows through to consumers.Remember folks... friends don't let friends vote Liberal.
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