Friday, August 12, 2011

Lorne Gunter: Still another wheel falls off Ont.’s green-energy bus

Seriously, I wouldn't have believed there were any wheels left to fall off of Ontario Premier Dalton McGuinty's green-energy bus. But I was wrong. On Thursday, the[external] European Union filed a complaint with the World Trade Organizationclaiming that the huge subsidies Ontario is offering developers of alternate energy violate international trade rules. Of course, without enormous subsidies, green energy is a non-starter. It doesn't make economic sense. So if the EU complaint is upheld, Ontario will have to abandon its Green Energy Act of 2009, once and for all, but not before it has cost Ontario taxpayers and consumers billions of dollars

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