Edgardo Sepulveda gives Ontario wind energy a failing grade

In this episode I am interviewing a returning guest to the show to examine the economics surrounding Ontario’s foray into renewable energy.  As is typical in divisive topics such as this, the government has made it very difficult to track down the actual costs of ideologically driven policies such as Ontario’s 2009 Green Energy Act that brough in juicy Feed In Tarriffs on 20 year contracts for renewable energy to kick start the green economy. The act was brought in by Liberal premiere Dalton McGuinty and aggressively pursued by his successor in that office, Kathleen Wynne who was driven out of office by angry voters in the 2018 election, losing official party status. A key element of that loss was her mishandling of the energy transition, the privatization of Hydro One, and the disastrous costs downloaded onto voters. Our guest today is investigating the costs and benefits of renewable energy in Ontario’s nuclear and hydro-dominated electrical grid. Edgardo Sepulveda is a telecommunications and electricity economist with the last several with his consulting firm in Toronto, Canada. He was born in Chile and has an MA in Economics. As part of his civic policy-related engagement, he also writes about inequality, COVID-19 and other issues, including at the Progressive Economics Forum. Support the podcast at patron.podbean.com/TheRationalView Join the Facebook discussion @TheRationalView