"...Everyone’s heard the line about renewables being cheaper and no one’s falling for it any more.
.Environment Minister Steven Guilbeault’s newly announced plan to largely phase out the use of fossil fuels to generate power in Canada over the next 12 years is being criticized as costly and unrealistic, despite his claims that higher electricity costs would be offset by savings on oil and gas.
..Environment and Climate Change Canada officials said in a technical briefing that the national average household energy bill would increase by between $35 and $61 per year when the regulations are adopted by 2040, although the government says that only two per cent of this increase would be the result of the regulations. It also projects that the increase would be offset by savings when consumers reduce their dependency on fossil fuels, for instance the savings from the cheaper cost of recharging an electric vehicle (EV) compared to filling up with gasoline.
“Shifting to clean electricity saves households on their energy bills away from the shocks of yo-yoing gas and oil prices,” said Guilbeault....
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