Ontario’s unaffordable energy policy « The Daily Bayonet

In other words, the government fudged the numbers to make the renewable option look affordable. Ontario’s energy ministry Brad Duguid rejects the study as flawed, but the researchers hit the Achille’s heel of Dalton McGuinty’s green energy future. It’s the math, stupid.

Benny Peiser: A Real Solution To Britain's Energy Crisis

According to Deutsche Bank, the most effective policy to bring down energy costs would be to abandon the “renewables obligation” and the carbon floor price. This would cut bills by 15 per cent from 2015. I think another 15 per cent or more could be cut in this government’s lifetime if it encouraged the shale revolution.

Abandoning high-priced green energy programmes together with the exploration of cheap British shale gas would bring down energy costs, perhaps by as much as a third, and kick-start the UK economy. Given coalition constraints, it remains doubtful, at least for the time being, whether the “greenest government ever” is ready or indeed capable of grabbing a golden opportunity with both hands.