This presentation focuses on the environment including what needs to happen in order to protect the environment as well as balance environmental policies with economic policies.
2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and
Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. Overview
• This presentation discusses air quality. Too much doom and gloom is spread about air pollution and not enough is said on actions done by countries like Canada and USA for the
past 25+ years to improve air quality in their various countries
• Carbon tax/price does not reduce emissions - https://drinkingwateradvisor.com/2018/04/11/a-carbon-tax-has-a-proven-track-record-it-does-not-achieve-the-promised-results/
• Carbon Tax are not revenue neutral - https://www.taxpayer.com/commentaries/bc-carbon-tax-not-revenue-neutral-anymore-27652
• Carbon Tax and GDP - https://ipolitics.ca/2018/04/23/pbo-says-carbon-tax-will-knock-10-billion-off-gdp-by-2022/
• Gore, Suzuki as well as others blame climate change on man-made issues as way to push their own agenda. The fact is climate always changes. If you do not need to take my word,
but you should listen to skeptics. These same skeptics are not funded by government - https://www.youtube.com/watch?v=T9eQNZu9Sog
• Earth has become greener - https://www.nasa.gov/feature/goddard/2016/carbon-dioxide-fertilization-greening-earth
• Many scientists are speaking out that Climate Change is not related to man-made actions - https://principia-scientific.org/father-of-global-warming-scientist-finally-admits-theory-
is-wrong/ or https://www.iceagenow.info/leading-japanese-scientist-calls-global-warming-a-hoax/
4. Agenda
• Emissions by Province
• Emissions 2005 vs 2017
• FIT Act
• Hydro Rates
• Clean Technology and the Economy
• Carbon Tax Pricing
• Failure of FIT
• Carbon Sink
5. Emissions by Province
Source - https://www.canada.ca/en/environment-climate-
change/services/environmental-indicators/greenhouse-gas-emissions.html
7. Ontario FIT Act
• https://www.ontario.ca/laws/statute/09g12 - 2009
• The Ontario Green Energy Act (GEA), formally the Green Energy and Green Economy Act, 2009,
introduced in the Ontario legislature on February 23, 2009, is intended to expand renewable
energyproduction, encourage energy conservation and create green jobs.[1] Among many clauses, the GEA
is best known for creating a number of feed-in tariff rates for different types of energy sources. Notable
among these is the microFIT program for small non-commercial systems under 10 kilowatts, and FIT, the
larger commercial version which covers a number of project types with sizes into the megawatts.
• The GEA has been highly controversial within Ontario for the high initial tariff rates, up to 80.2
cents/kWh for small systems under microFIT. It has also been controversial outside Ontario due to its
"made in Ontario" clauses which demand a certain amount of Ontario labour and manufacturing input in
order to receive the tariff rates. Changes to the program and rates, some of them applied retroactively,
had added confusion and complaints about the way the program is managed. The GEA was a major issue
during the 2011 provincial elections, with the PC party threatening to cancel it outright if elected, while
the Liberalssupporting it as a primary plank of their re-election platform.
8. Ontario GDP and Jobs
Source – Stats Canada
EmploymentGDP
• Job losses (Est. 75,000) – Clean Technology - https://businessexaminer.ca/peace-cariboo-skeena-
articles/item/75000-jobs-lost-due-to-ontario-s-high-electricity-costs
• Ontario incomes barely grew - https://business.financialpost.com/news/economy/canadian-median-
income-growth-sluggish-over-past-10-years-statscan-figures-show
9. Carbon Tax/Pricing
• @AndreaHorwath @OntarioNDP
•
• You supported the carbon tax, right? So, you are ok with people families pay
$160 out of their pockets to drive. Wynne said she needed this money for her
government, right? http://torontosun.com/opinion/columnists/h-wynne-
spills-the-beans-on-carbon-pricing or
https://www.slideshare.net/paulyoungcga/carbon-tax-impact-to-taxpayers-
canada-may-2018
10. Hydro Rates / Ontario
Source – Hydro Quebec - http://www.hydroquebec.com/data/documents-donnees/pdf/comparison-electricity-prices.pdf or
https://www.fraserinstitute.org/article/ontario-electricity-rates-for-industry-among-highest-in-north-america
https://www.slideshare.net/paulyoungcga/ndp-promises-and-realities-ontario-2018-election-20182205
Horwath will promise people the world to get elected. The bottom line is NDP promises are too rich to what Ontario can afford. Ontario must restructure its
government as well as introduced policies that will support economic growth. The last time NDP was in power in the 1990s both jobs and investment went south
due to NDP’s policies. - Canada has tripled its wind, solar, etc since 2011. There are parts of Canada that have very high energy costs that have led to energy
poverty - https://nationalpost.com/news/canada/portrait-of-five-ontario-hydro-bills-how-a-rural-couple-pays-500-a-month-and-toronto-brothers-pay-100
It is amazing how @AndreaHorwath all but ignores energy poverty, right?
https://www.summitt.ca/higher-energy-prices-fueling-energy-poverty-in-canada I see no solution from the NDP
11. Blog – Energy Issues –
Accounting
Source - https://www.theglobeandmail.com/canada/article-auditor-general-blasts-
bogus-hydro-accounting-strategies-in-ontario/?cmpid=rss&click=sf_globe or
http://www.auditor.on.ca/en/content/specialreports/specialreports/FairHydroPlan
_en.pdf or http://www.energyregulationquarterly.ca/articles/ontarios-fair-hydro-
“From the Province’s perspective, the FAO concludes that the “Fair Hydro Plan” will cost
Ontarians (taxpayers) $45 billion.11 This represents the foregone revenue from removing
the provincial portion of HST from electricity bills ($42 billion) and the costs of funding
electricity relief programs ($3 billion). In coming to this conclusion, the FAO notes that
while ratepayers will benefit from not paying HST or electricity relief program costs, this
does not represent a true savings to Ontarians since tax revenues will be reduced and
relief programs will be funded from other tax revenues.”
Premier Wynne seeks advice that
supported her agenda.
Auditor-General said during the 2018
election that Deficit was higher -
http://www.auditor.on.ca/en/content/s
pecialreports/specialreports/2018Pre-
Election_en.pdfFair Hydro Act
12. Ontario Failed Clean Energy Policies
• FIT – Failures - http://business.financialpost.com/opinion/boondoggle-how-
ontarios-pursuit-of-renewable-energy-broke-the-provinces-electricity-system
• Electrical Car Failures - https://www.cbc.ca/news/canada/toronto/ontario-cuts-
off-rebates-for-electric-vehicles-costing-more-than-75k-1.4571548 - This never
bumped car sales
• Smart Meter - http://www.cbc.ca/news/canada/toronto/smart-meters-hydro-
bills-ontario-time-of-use-pricing-1.3862462
• http://torontosun.com/2017/09/05/ontario-energy-efficiency-programs-wont-
work/wcm/6ae78550-0289-413c-a56e-e7abc6ef6e94 - Minimal savings
• https://twitter.com/AndreaHorwath/status/1009238019226947587 or
https://www.canadianmanufacturing.com/regulation/ontario-green-renovation-
rebates-funded-through-cap-and-trade-system-cancelled-214926/
13. Forest Fires / Climate Change
• https://twitter.com/CBCPolitics/status/1032233794034716673
•
•
• I see now it time to visit, right? Trudeau seems to pick and choose
things.
• I bet PM Spicoli blames climate change, right? There will be no
mention of eco-terrorism -
https://www.slideshare.net/paulyoungcga/ecoterrorism-the-
growing-threat or forest management practices -
https://www.slideshare.net/paulyoungcga/forestry-management-
practices-around-the-world-june-2018
•
• I also notice there was no visit to Ontario, why? Parry Sound 33 was
big fire.
•
• https://www.cbc.ca/news/canada/british-columbia/bc-wildfires-
2018-1.4792952?cmp=rss
• Catherine McKenna blames
Climate change for forest Fires
14. Blog – FIT / Ontario
• https://www.nationalobserver.com/2019/07/09/news/exclusive-
doug-ford-didnt-tell-you-ontario-cancelled-227-clean-energy-
projects
• Why is this such a bad idea? FIT was failure. The liberals were
scaling FIT projects back, but nothing was said, why?
https://www.slideshare.net/paulyoungcga/green-agenda-failure-
ontario
17. Power Production by Source
Source - https://www.cer-rec.gc.ca/nrg/ntgrtd/mrkt/nrgsstmprfls/on-
eng.html#targetText=Electricity%20and%20Renewables&targetText=About%2090%25%20of%20electricity%20in,with%20some%20biomass%20and%20diesel.
• Ford continues to invest in clean
technology -
https://www.nationalobserver.com/
2019/03/21/news/nuclear-power-
company-backs-ford-government-
energy-plan
• Ford is reviewing recycling programs
-
https://news.ontario.ca/ene/en/20
19/08/ontario-announces-next-
steps-to-improve-recycling-and-
tackle-plastic-waste.html
• Ford government is reviewing FIT
program -
https://www.cbc.ca/news/canada/t
oronto/758-renewable-energy-
cancelled-1.4746293
18. What’s next for Ontario
• Ontario is repealing the carbon tax - https://globalnews.ca/news/4415682/premier-doug-
ford-announcement-milton/
• Ontario is repealing the Green Act - https://www.cbc.ca/news/canada/toronto/ontario-
green-energy-act-scrapped-1.4831927
• Ontario is extending Pickering - https://globalnews.ca/news/4288628/doug-ford-pickering-
nuclear/
• Ontario is looking at expanding Natural Gas generation -
https://blackburnnews.com/chatham/chatham-news/2018/09/18/ford-government-
expand-natural-gas-access/
• Ontario will continue to look at ways to control hydro costs
• Ontario continues to look waterways and will benefit if CPC/Scheer are elected
https://election.ctvnews.ca/tories-say-they-would-stop-raw-sewage-from-being-dumped-
in-waterways-1.4620216