New study establishes that Ontario Premier Kathleen Wynne is incompetent and a liar
TORONTO - The Ontario government's energy conservation program is a multibillion-dollar boondoggle that wastes public money and doesn't lower the cost of electricity, according to a new report by the Fraser Institute.
Authors Tom Adams, an independent energy and environmental consultant, and Ross McKitrick, an economics professor at Guelph University, contend in "Demand Side Mismanagement: How Conservation Became Waste," that Premier Kathleen Wynne's government is making outlandish claims about how much money it has saved through energy conservation that have no basis in reality.
In November 2012, Adams correctly predicted the public cost of then premier Dalton McGuinty's cancellation of two gas plants in Oakville and Mississauga would exceed $1 billion.
His estimate, based on government documents available at the time, was $1.3 billion.
McGuinty's response was: "Of course I fully reject that calculation. We're very confident that the costs are in total $230 million."