Lorne Gunter: Ontarians will pay dearly for McGuinty’s ‘green’ energy fantasy

http://feedproxy.google.com/~r/ClimaterealistsNewsBlog/~3/p7qqRuPO0DI/index.php

Last month, Bloomberg New Energy Finance, announced that investment in alternative energy in Europe fell 34% in just the first three months of 2011. Why would it fall by a third in so short a time? Because European governments have begun withdrawing the huge subsidies they pay to green-energy companies, and massive tax dollars are about the only thing that make most green-energy projects make economic sense.