Ontario energy minister admits mistake with green energy program – Globalnews.ca

Ontario Energy Minister Glenn Thibeault has issued a mea culpa on the way the Liberal government implemented its Green Energy plan.Thibeault says the implementation of the Green Energy Act has led to “sub-optimal outcomes” for consumers and to increased prices in electricity for families and businesses in Ontario.Story continues belowIn a speech delivered Friday to the Economic Club of Canada, the energy minister indicated that Ontario’s Feed-in-Tariff program, or FIT, has resulted in over-manipulation of the province’s energy sector and to the removal of competitive incentives for energy producers.“At its core, Ontario’s renewable energy procurements were absolutely the right policy,” Thibeault said. “However, it was the ‘how’ and not the ‘what’ that drove price considerations. How we implemented those policies led to a number of sub-optimal outcomes.”WATCH: After midnight ultimatum, energy minister forced to bring in legislation banning winter disconnects
Green Energy – Google News