On Monday, the Global Warming Policy Foundation (GWPF) released a study showing that between 2008, when the U.K. Parliament approved a new green energy law, and 2020, the cost of “green” regulations will add nearly $1,000 a year to ordinary Britons’ home heating costs.
During that 12-year period, government efforts to “decarbonize” the British economy will cost consumers and businesses more than $210 billion. That’s more than $3,200 for every person in Britain.
It’s time for Canada to cut its losses and stop the “green” energy madness. Call it “clean” energy, “green” energy or “alternate” energy. Whatever you call it, two things about it are certain: It has never succeeded anywhere on a grand scale and it costs a fortune either in higher taxes, lost jobs or skyrocketing energy bills.
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