Sunday, May 10, 2020

NO MAGICAL ENERGY TRANSFORMATION FOR CANADA

   There are two things we can say about “renewable” energy: It seldom produces more energy than it takes to capture and release its energy – meaning many renewable projects have energy deficits. And renewables almost always cost more tax dollars than they bring in; meaning budget deficits.
   Ontario’s 10-year “green” energy experiment under the former Liberal provincial government proved that. At least $50 billion in added debt, doubled electricity bills and tens of thousands of manufacturing jobs lost to the States where energy inputs weren’t so pricey.
   Yet somehow the True Believers of the Ecocult – the Greta-nistas – have convinced themselves Canada stands on the verge of a magical energy transformation. We can pivot out of this pandemic into a world without fossil fuels.

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