According to the Ontario Auditor General, the Ontario Green Energy Act is going to lead to overpayments for electricity amounting to about $130 billion over three decades. That's enough to fund Ontario's health care system for almost two years.
That is the real consequence of these schemes and, of course, it is a monstrous wealth transfer from the working poor to the super-rich, who have gotten all of these sweetheart deals from the government.
Let's keep these facts in mind before we sign up to these massive new interventions that will, as always, favour the rich, punish the poor, and do little for the environment.