Opinions
Blown away; Rural residents find consultation on wind projects a sham
Many political economists argue that environmental assessments and other regulatory regimes often fail to serve the public interest because the regulatory process tends to be "captured" by the concentrated interests - the fox ends up in charge of the henhouse.
The history of Ontario's Green Energy Act makes their case.
July 18, 2012
by Michael Trebilcock
in Financial Post
Many political economists argue that environmental assessments and other regulatory regimes often fail to serve the public interest because the regulatory process tends to be "captured" by the concentrated interests - the fox ends up in charge of the henhouse.
The history of Ontario's Green Energy Act makes their case. The renewable energy industry, which has billions at stake, can afford to spend millions making their case, while the 35 million individual Ontarians - not knowing what would be hitting them in years to come and unable to compete even if they did - become hapless victims.
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