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You’ve read Bob Lyman, an economist specializing in energy issues, on these pages before.
In his latest work, he has written an overview of the last 10 years of energy policy as it relates to electricity in Ontario, and come up with the very worrying conclusion: the whole thing has been grossly mismanaged.
The question now is, can Ontario ever get out of this hole? That’s tough when Ontario keeps approving big, expensive wind power projects on the order of one a week this summer, despite not having a current long-term energy plan.
Here is Bob Lyman’s latest:
Ten Years of Liberal Mismanagement of Ontario’s Electricity System
A Layperson’s Summary
On July 16, 2013, Parker Gallant, a retired banker who for about six years has written about Ontario electricity policies, wrote an article to mark the forthcoming tenth anniversary of the Liberal Party’s tenure as government of Ontario. Mr. Gallant’s article can be found at the following link:
This article is of great importance for Ontario residents who want to understand what has been happening to electricity supply, demand and prices over the past decade and, perhaps more importantly, how they should weigh these developments as they contemplate forthcoming elections in the province. Shortly, there will be five by-elections in different parts of Ontario that may swing the balance of power in the legislature. It is also likely that there will be a general election in Ontario within the next two years.
Voters need to understand what the fuss is all about and how it affects them. Unfortunately, Mr. Gallant’s article, as wonderfully insightful as it is, might be difficult to understand for the average citizen who does not follow electricity matters on a regular basis. The objective of this note is to offer a somewhat simplified version of the story people should know. …
Read the whole document here: Ten Years of Liberal Mismanagement of Ontario’s Electricity System
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