Smart money is on renewables, not fossil fuel

Coal investments to rise 10%, IEA says, May 27

The International Energy Agency couldn’t be clearer: “Solar is the star performer and more than $1 billion per day is expected to go into solar investments in 2023.” The world now invests more in solar energy than in crude oil.

Ontario could have been a leader on solar — whose price has dropped dramatically — saving us money on our electricity bills. Instead, the provincial government decided to cancel nearly 800 renewable energy projects — at a cost to taxpayers of over $200 million — and build more gas plants.

Hello, Ontario government, time to wake up. Smart money is on renewables, not fossil fuel! Gideon Forman, Toronto