19 October 2011

Remember the Liberal campaign ads...

...where the little boy enthusiastically tells us about his daddy's new "solar energy" gig... well, it seems they left out a few mundane financial details...
he stuck it to you again, ontarioGet out your calculators, my friends...
and again and againI'm thinking this isn't an equation you wanna try solving in your head...

"The study also says creating 50,000 new green energy jobs as promised by the governing Liberals will require ratepayer subsidies of about $200,000 a year for each position."
Now, where did I leave my chainsaw and splitting axe?


6 comments:

maryT said...

Just saw a clip from Heritage Canada showing a trainload of settlers heading for Alberta many years ago. Looks like Ont might be sending a lot of Ont residents to our Province if those rates go into effect. We have the room and the jobs, so go west.

Anonymous said...

The absolute insanity of it all is, you would have to be a complete idiot to NOT see and fully understand the results of Ontario's Green Energy Plan. Every person understands the need to get away from gas and oil, but, would it not have been a better idea to actually develop wind and solar technology before spending 10's of billions installing it? billg

Anonymous said...

This will put Ontario manufactures who run their business with electricity in a huge bind. Jobs down the toilet R-US

Neo Conservative said...

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don't blame me... i didn't vote liberal.

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Anonymous said...

Good old apples and oranges neo. The increased rates are to pay for the normal infrastructure repairs, long neglected under past governments. Transformers break down, wires break, and we have several nuclear reactors entering their high cost maintenance phase. I suppose you'd have us bring in Fukushima kamikzes who willingly exceed the 2 minutes per year allowed in high radiation areas, but otherwise we'd prefer not to deliberately kill workers.

The solar component is still in its infancy, and represents a small percentage of generation so it is not a factor in rising hydro rates, the overdue repair is.

Hudak wanted to removed the stranded debt charge, nice try but it still has to be paid so it would come out of general tax revenues

Neo Conservative said...

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sorry, nonny... premier mcslippery sat on his thumb for how many years trying to avoid any decisions related to nuclear power?

TORONTO — Costs associated with operating Ontario's electricity agencies have soared more than 50 percent since the old Ontario Hydro was dismantled in 1998, a Globe and Mail analysis has found.

and he can't seem to get his story straight on coal...

About 6,100 megawatts of coal-fired generation continues to operate in the province, or about 20% of total generating capacity -- years after Premier Dalton McGuinty's self-imposed shutdown deadline of 2007."

"McGuinty promised to end the use of coal in Ontario by 2007 during the 2003 general election but since winning that race, the target date has been pushed back several times and is now 2014."

and when he does make a decision... the taxpayers end up taking it up the ass.

-- TORONTO -- The Ontario government has agreed to pay 44 per cent above market rates to buy electricity from idled nuclear reactors on Lake Huron that will be refurbished, the provincial auditor says in a report unveiled today.

At the time, then-Energy Minister Donna Cansfield pledged that Bruce Power would bear the entire $4.25 billion capital cost of upgrading the reactors.

you really think he's doing a great job?

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