Geez!…………..”Green Energy” must be a trigger for insane and idiotic actions by politicians across the board!

OR could the promise of massive amounts of money being sucked out of Ontario consumers pockets lead to hypocrisy and destructive decisions by politicians when any developer comes up with a scheme like the Marmora Pumped Storage project by Northland Power.

BTW, Northland Power may not be the best investment for a Township to get involved with. See the following critique by a Financial analyst:

A look at Northland Power: Globe and Mail analyst :-

“(…………………………….And the stock sports a 6.9-per-cent yield – more than twice as high as the yield on the S&P/TSX composite index.
   But when a yield gets that high, you need to ask why. In Northland’s case, there are several risks to keep in mind………………………………………..)”

Take the following into account:

MPP Todd Smith for Prince Edward-Hastings, took on the…