The PCs knew the Green Energy Act wasn’t going to be a thing for Ontario from the start.
That’s the message John Yakabuski, the M.P.P. for Renfrew-Nipissing-Pembroke, is saying as the PCs put forward legislation to repeal the Act. “We said from the very start that this would be an economic disaster,” he says. He went on to say, “from the very start this was going to be an economic disaster, a boondoggle of biblical perorations.”
Yakabuski says that Ontario electricity rate payers have already paid $37 billion more than they should because of contracts form the Green Energy Act from 2006 to 2014. A 2015 report from Auditor-General Bonnie Lysyk stated that an additional $133 billion extra would have been paid by 2032. Yakabuski said that as a part of repealing the Act, the PCs have cancelled 750 renewable energy projects that will save $790 million for electricity customers in Ontario.
“We will restore the power of the municipality to have decision making authority as to whether a renewable energy project is done in their riding,” Yakabuski says. He calls the Act an undemocratic infringement on municipalities that doesn’t give them the choice on whether or not to renewable energy projects can be done within their boarders.
Yakabuski says that the repealing of the Act will reduce energy costs by 12-percent.