Shocker: We don’t pay enough for electricity
The Globe and Mail
15th January, 2010
Summary: Don Dewees, a professor of economics and law at the University of Toronto, believes that citizens are not paying enough for their electricity. He claims that increasing the price is the only way to promote greener energy generation as well as pay for new capacity.
Excerpt: “The bottom line is that current electricity prices do not reflect electricity’s environmental effects or the costs of Green Energy Act policies. Reforming pricing so peak period prices reflect environmental costs and the cost of new generation facilities can move us toward an environmentally and financially responsible electricity future.”
