NorthGowerWindTurbines

May 16, 2011

The outcry over Hudak’s FIT announcement

It was nothing if not predictable: following Ontario Conservative leader Tim Hudak’s pledge to cancel the $7-billion deal with Samsung for wind and solar manufacturing and installation of facilities (a contract that as yet has never been seen by the public) and to halt the Feed-in Tariff or FiT program which pays exorbitant prices for power to solar and wind generators (power from hydro and nuclear in Ontario cost 6 cents a kWh; FiT pays 13.5 cents for wind and up to 80 cents for solar), the people who stood to benefit the most are now protesting.

They say “thousands” of jobs will be lost.

Not true. As Kevin O’Leary said on the Lang-O’Leary Exchange last week on CBC, “they weren’t real jobs and they should be lost.” Anything built on subsidies, the fund manager explained, is not sustainable. In other words, if the subsidy goes, so goes the business; “real” business, O’Leary said, is built on profitability. That’s not the so-called “green” energy manufacturing business.

Last year, the Ottawa Citizen’s Randall Denley calculated that–if the government’s numbers about job creation were even true–the cost to taxpayers of the jobs created was over $300,000 PER JOB. That is crazy. And not sustainable.

But now, these people, like the band of solar and wind companies in Ottawa, and like the Ontario Sustainable Energy Association (in reality a government-funded lobby group) are claiming that we all must fight back and not lose Ontario’s green energy program.

The truth is, the number of jobs being created is a pipe dream, they won’t last, wind and solar can never do what the proponents say it will in terms of power supply, there are other costs in terms of the environment, lost property value etc., and–most important–everything that is being done is paid for by taxpayers and electricity ratepayers.

So, those people who claim YOU need the “green” energy business are really saying, “We want YOUR money.” You’re paying for their profits.

But don’t take our word for it: here’s what Nepean-Carleton MPP Lisa MacLeod said. “Dalton McGuinty is subsidizing these companies at the expense of people who pay for power, at the expense of families paying the bills…. There is nobody in town that thinks paying 80 cents for something that costs five cents is a good deal for taxpayers.”

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