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StatCan just exposed how worthless ‘green’ indu

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StatCan just exposed how worthless ‘green’ industries are to Canada’s economy


Environmental | 207459 hits | Dec 20 10:03 am | Posted by: N_Fiddledog
1 Comment

Meanwhile, green energy's marginal and largely meaningless existence will be expensive for both taxpayers and electricity customers

Comments

  1. by avatar N_Fiddledog
    Thu Dec 20, 2018 9:28 pm
    "StatCan's green-economy accounts include everything from hydro and nuclear power to services such as waste management to manufacturing clean-energy goods such as wind turbines.

    StatCan does not yet document the subsidies supporting these various activities. Environmental and clean-technology industries accounted for a puny 3.1 per cent of Canada's GDP in 2017. More importantly, StatCan noted that this ratio has remained relatively stable since 2007 when the data began. The green economy's share of GDP stagnated for 10 of the biggest years for pro-green policies and hefty government support, and against historically slow growth in the rest of the economy. If the green economy cannot flourish in these circumstances, it is doubtful it ever will."



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