Lomborg: ‘The global evidence is clear: Not a single country that relies heavily on wind & solar power has low average electricity costs’
By Marc Morano
March 26, 2025
12:20 pm
https://financialpost.com/opinion/solar-wind-power-expensiveBy Bjorn Lomborg, Special to Financial Post
Excerpt:
Global evidence is clear: Adding more solar and wind to the energy supply pushes up the price of electricity. Ontario families and businesses already know this — from bitter experience. Beginning in 2005, Ontario began phasing out coal and dove headlong into subsidizing wind and solar generation.
That green shift led to a sharp rise in electricity prices. From 2005 to 2020 the average, inflation-adjusted cost of electricity doubled, from 7.7 cents to 15.3 cents. Since 2019 the government has subsidized these high costs through a slew of programs like the “Renewable Cost Shift.” But ratepayers’ pain has been relieved by shifting it onto taxpayers. Today, this policy costs Ontario more than $6 billion annually, four times what it did in 2018.
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https://www.climatedepot.com/2025/03/26/lomborg-the-global-evidence-is-clear-not-a-single-country-that-relies-heavily-on-wind-solar-power-has-low-average-electricity-costs/
