Moratorium is needed on green energy bill
Sir: Why would an oil company be in the “Wind farm business”? Don’t they profit enough from our, and I repeat “our” oil that they have to increase their profits on the backs of the taxpayers who are subsidizing “wind farms” on their electric bills?
On one hand you cant blame them; Mr.McGuinty has put out such a lucrative incentive that, being businessmen, they could not resist.
These contracts are guaranteed for 20 years; a win-win (pardon the pun) situation.
Also, attention farmers and homeowners with solar on rooftops and on the farm; don’t sell excess power to the grid; put all your solar to the grid. Pay your own hydro at six to ten cents a kw and you get up to 80 cents from feed-in-tariffs. You will have your investment paid off probably before McGuinty’s next election!
We need to declare a moratorium on green energy before we bankrupt our province or drive all business out of the country.