Why greens go in the red: How wind turbines and solar panels are making us poorer
We'll get the old "bait-and-switch."
The "bait" will be that money extracted from us through higher energy prices will go towards improving the environment and to help "the poor" cope with higher energy costs.
The "switch" will be that most, if not all, of the new revenue will go down the black hole of general revenues to pay for anything the government wants.
June 21, 2012
by Lorrie Goldstein
in Toronto Sun
Ever notice how the places that are in the deepest financial trouble - Europe, California in the U.S., Ontario in Canada - are the ones that fell hardest for the myth of green energy?
While it would be inaccurate to attribute their mad rush into "renewables" as the sole cause of their fiscal woes - many reckless decisions led to that - it was certainly a contributing factor.
For one thing, wind turbines and solar panels, which only produce energy if massively subsidized by the state, drive up electricity prices, which kills off manufacturing jobs.
That's why NDP Leader Thomas Mulcair's "solution" to... [continue via Web link]