Babatunde Williams, on Spiked explains the problems with Ontario’s Green Energy Act (GEA): more expensive and less reliable energy.
- Lowering carbon emissions is a noble goal, and one that should be pursued through innovation and market forces, not government mandates.
- Green energy mandates disproportionality harm lower-income and working-class families because they increase the cost of energy.
- An “all of the above” energy approach that uses reliable energy sources while advancing new technologies is the best way to lower emissions while keeping energy consistent and affordable.
“‘Green New Deals’ for the post-pandemic recovery in the US and Europe should learn from the GEA.”
Read the full article here.