Feds say green energy projects won't work without subsidies

Feds say green energy projects won't work without subsidies


The Western Standard
Feds say green energy projects won’t work without subsidies
The department concluded “most projects would not have been financially viable” without aid from a program that cost $1,451,708,000.
Published 2 weeks ago
“The program clearly addresses a market failure,” said the report examined by
Blacklock’s Reporter.
The department concluded “most projects would not have been financially viable” without aid from a program that cost $1,451,708,000.
Auditors examined the program from 2002 to 2019, and found a direct subsidy of a cent per kilowatt hour for energy from solar panels, wind farms, geothermal projects and other green energy programs.
Then-Environment Minister Catherine McKenna in 2018 defended green subsidies as necessary to combat climate change.

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