The GEA of Ontario, and the F.I.T. system designed to implement it are flagrant examples of how not to stimulate economic benefits for the long term.
The recent West Lincoln decision not to support F.I.T. projects, whether for wind or solar (OWR), demonstrates that so-called Green projects can only be achieved by tax subsidies and increased power rates. In other words, by Corporate Welfare.
The economic activity generated by such Corporate Welfare is not only short term but also vacuous: that is, but for the Welfare, the Corporation wouldn’t pursue such activity. In fact, any economic return from Green projects results only because taxpayers foot the bill for development and, then again, when power rates go up.
Read the whole story here: Welland Tribune: Jeff Bolichowski. The objection to the Town’s refusal to back a solar project is raised by the developer who cannot proceed, NOT BECAUSE THE TOWN WON”T LET HIM, but because he will not be subsidized by the taxpayer.
His development, in fact, does not need Town approval (the sneaky Ontario government is saying that with municipal support such projects will easily receive approval). The development can proceed, on the developer’s dime. But he wants a WELFARE payment from the government, otherwise, his project will generate little or no profit to cover the costs of development.
Why? Because Green Energy is a snare and an illusion. We know that, which is why unwilling Town Councils want to regain full control of developments in their respective jurisdictions, want the return of local democracy which was removed by the provincial government to facilitate Corporate Welfare on a billion dollar scale.