Business
Solar and wind power make electricity more expensive—that’s a fact
From the Fraser Institute
By Julio Mejía and Elmira Aliakbari
As a new year dawns and winter takes hold, it’s worth considering the cost of energy. After a meeting in Italy last spring, the G7 countries (including Canada) pledged to triple renewable energy sources (e.g. wind, solar) globally to ensure an “affordable” energy future. But while direct costs for wind and solar are dropping, they remain expensive due in part to the backup energy sources required when renewables are not available.
In short, an “affordable” energy future is incompatible with increased reliance on renewables. Here’s why.
Wind and solar energy are intermittent, meaning they aren’t consistently available, so we need an alternative power source when there’s no sunlight or wind given the current limited ability to store energy from solar and wind. So we must maintain enough energy capacity in a parallel system, typically powered by natural gas. Constructing and upkeeping a secondary energy source results in higher overall energy costs because two energy systems cost more than one. Therefore, when evaluating the costs of renewables, we must consider the costs of backup energy.
Often, when proponents claim that wind and solar sources are cheaper than fossil fuels, they ignore these costs. A recent study published in Energy, a peer-reviewed energy and engineering journal, found that—after accounting for backup, energy storage and associated indirect costs—solar power costs skyrocket from US$36 per megawatt hour (MWh) to as high as US$1,548 and wind generation costs increase from US$40 to up to US$504 per MWh.
Which is why when governments phase out fossil fuels to expand the role of renewable sources in the electricity grid, electricity become more expensive. In fact, a study by University of Chicago economists showed that between 1990 and 2015, U.S. states that mandated minimum renewable power sources experienced significant electricity price increases after accounting for backup infrastructure and other costs. Specifically, in those states electricity prices increased by an average of 11 per cent, costing consumers an additional $30 billion annually. The study also found that electricity prices grew more expensive over time, and by the twelfth year, electricity prices were 17 per cent higher (on average).
Europe is another case in point. Between 2006 and 2019, solar and wind sources went from representing around 5 per cent of Germany’s electricity generation to almost 30 per cent in 2019. During that same period, German households experienced an increase in electricity prices from 19.46 cents to 30.46 cents per kilowatt hour—a rise of more than 56 per cent. This surge in prices occurred before the war in Ukraine, which led to an unprecedented price spike in 2022.
For Canada, the outlook is also dire. In a recent report, TD Bank estimated that replacing existing gas generators with renewables (such as solar and wind) in Ontario could increase average electricity costs by 20 per cent by 2035 compared to 2021. In Alberta, electricity prices would increase by up to 66 per cent by 2035 compared to an scenario without changes. These increases are on top of the 15 to 20 per cent increase in average generation costs expected by 2035 under current government policies.
Clearly, when accounting for backup costs, renewable-powered electricity is more expensive than fossil fuels. Policymakers in Ottawa and across Canada must recognize that integrating renewables into electricity grids can lead to significant price increases for consumers, and they should be honest about that fact with Canadians in 2025 and beyond.
Business
Liberals, globalists flip out after Trump orders USAID freeze
From LifeSiteNews
By Stephen Kokx
The foreign aid agency USAID has morphed into a slush fund for the Deep State to spread wokeism and to spark revolutions in countries that resist its tyrannical decrees. President Trump has had enough of this, and his administration is moving to dismantle the program.
How many Americans even knew what USAID was until this week? I’m guessing less than one percent.
For the uninformed: USAID was started by President John F. Kennedy in 1961. Officially named the United States Agency for International Development, it spends over $40 billion in taxpayer dollars every year on various initiatives overseas; most of which are a complete waste of money, as Elon Musk and others have pointed out in recent days. See here:
Whatever good intentions Kennedy may have had for the program, it has morphed into a slush fund for the Deep State to spread wokeism and to spark revolutions in countries that resist its tyrannical decrees. All of this is done in the name of “defending democracy” mind you.
Under Joe Biden, USAID was run by World Economic Forum functionary Samantha Powers, who weaponized the agency to funnel boatloads of cash to Ukraine, among other futile projects.
That fact was pointed out by Balázs Orbán, the son of Hungary’s Prime Minister Viktor Orbán, on X this week.
A CIA front group that promotes LGBT ideology overseas
President Trump has had enough of this. In his continued effort to drain the swamp, he signed an executive order empowering the newly created Department of Governmental Efficiency to dismantle USAID.
“I love the concept, but they turned out to be radical left lunatics,” he said about the agency in the Oval Office on Monday.
USAID’s website has already been shut down, and many of its liberal employees have been fired or barred from entering its headquarters in D.C., causing Democrats to hold a rally outside of it; because nothing shows the American people that you care about them more than defending a program designed to spend their money in foreign lands. Talk about being out of touch.
Oddly enough, left-wing Jesuit priest James Martin also defended the agency by claiming that Jesus would support it as well. He was rightly called out by Archbishop Carlo Maria Viganò on X.
Trump’s Secretary of State Marco Rubio has been named USAID’s interim director. He told the media this week that its rogue behavior has come to an end.
“USAID has a history of ignoring [the national interest of the United States] and deciding that they’re a global charity. These are not donor dollars, these are taxpayer dollars,” he said.
Other lawmakers and mainstream pundits have jumped on the bandwagon as well.
“To my friends who are upset, call somebody who cares. You better get used to this. It’s USAID today, it’s gonna be Department of Education tomorrow,” GOP Senator John Kennedy said.
“It’s not foreign aid — it’s a foreign slush fund,” Fox News’ Laura Ingraham has argued, as has Glenn Beck.
Trump’s “Rapid Response” X account joined in on the fun by highlighting some of the many ways the agency has wasted your and my money on LGBT and DEI causes abroad.
Democrats melt down as Trump takes aim
Liberals have been unable to control themselves. News that fewer tax dollars will be spent promoting their woke religion has left them apoplectic.
This is a “coup,” thundered an emotional Joy Reid on MSNBC.
Fellow MSNBC anchor Jen Psaki ludicrously claimed that the agency helps with “humanitarian” causes and “works to combat corruption.”
Van Jones said on CNN the rolling back of funding is Trump telling the world to “go die.”
Total nonsense.
Like Freemasonry, USAID may feed the poor and help some impoverished people, but that is just cover to hide its true aim, which is to sow discord in countries that reject the NATO and U.S. empire.
USAID has done this for decades, primarily by funding non-governmental organizations (and even extremists) that cause headaches for leaders who refuse to be slaves to the West. This has been the case in the nation of Georgia over the past several years. See here:
CNN’s Scott Jennings, a Republican, made a comment about how USAID has been appropriated by liberals that really hits the nail on the head with what has gone wrong with it.
“There is a difference between soft power and soft stupidity. So whether you’re funding DEI musicals in some country or transgender surgery somewhere or whatever, that is not what most Americans would say is an effective part of U.S. foreign policy.”
USAID funded the Wuhan lab in China
Perhaps the most attention-grabbing headline that has emerged with the USAID story is the revelation that the agency funneled $40 million to a lab in Wuhan, China, to study bat coronaviruses.
“Records prove that Ben Hu — COVID’s likely ‘Patient Zero’ — is a Wuhan white coat funded directly by Fauci, NIT & USAID to conduct dangerous coronavirus gain of function experiments on animals!” watchdog group White Coat Waste Project posted on X today.
Fauci has long denied being involved in such measures, but GOP Senator Ran Paul has never backed down from disputing his claims. He likewise challenged Samantha Powers about USAID money going to Wuhan as well.
Last week, Paul announced his intention to continue digging into the matter, given Biden’s preemptive pardoning of Fauci.
Today, Paul re-shared an X post from political activist Matt Kibbe that suggested he is on the cusp of blowing the whole thing wide open.
“NIAID and USAID were money-laundering puppets for agencies prohibited from doing dangerous gain-of-function bioterrorism research. Now, Rand Paul and Elon Musk are poised to expose the whole scheme,” Kibbe said.
USAID has misspent taxpayer money in countless other ways as well. Many of the downright bizarre programs are being shared on X. Here are a few of them:
It should be noted that Rand Paul’s father, former Congressman Ron Paul, has been a critic of the Deep State for decades. In a recent video message, he called on the government to audit USAID and then shut it down. Elon Musk re-shared the video, calling it an “interesting” proposal.
That’s good advice. I hope Elon and Trump will take it and follow through on it. Ending USAID is long overdue.
Business
Trudeau Liberals pledge $41.5 million for over 100 pro-2SLGBTQI+ projects
From LifeSiteNews
Leader of the People’s Party of Canada Maxime Bernier blasted the funding, noting how spending money while the country is in a “major economic crisis” shows how “Liberal nutcases” are “wasting” taxpayer money on “woke activists.”
Prime Minister Justin Trudeau’s Liberal government is using its final days to promise $41.5 million in taxpayer funds to advance 106 pro-LGBT projects “across Canada.”
On January 31, Lisa Hepfner, Trudeau’s Parliamentary Secretary to the Minister for Women and Gender Equality and Youth, announced “$41.5 million for 106 projects across four different 2SLGBTQI+ funds.”
Today I joined my colleague @s_guilbeault in Montreal to announce a fed investment of $41.5 million for 106 projects to advance equality for 2SLGBTQI+ communities across 🇨🇦 Including $8m for 10 projects aimed at combatting hate and $33.5m to fund 96 projects to address key issues pic.twitter.com/eqrifcTFIg
— Lisa Hepfner (@lisahepfner) January 31, 2025
“This funding will advance equality for 2SLGBTQI+ communities across Canada and address the rise in hate,” claimed the government in a press release.
The government said the money will help “build and sustain resilience of 2SLGBTQI+ communities against hate and discrimination,” with the funds coming as part of Canada’s Action Plan on Combatting Hate, which was launched in the fall of 2024, and follows Trudeau’s Federal 2SLGBTQI+ Action Plan, which is in its third year of operation.
Leader of the People’s Party of Canada Maxime Bernier blasted the funding, noting how spending money while the country is in a “major economic crisis” shows how “Liberal nutcases” are “wasting” taxpayer money on “woke activists.”
“As Canada is on the verge of a major economic crisis, these Liberal nutcases are wasting another $41M on woke activists and mentally ill people who identify as one of the 52 genders. Unbelievable,” wrote Bernier on X Saturday in response to Hepfner’s X post about the funding.
As reported by investigative blogger Pat Maloney, Canada spent $108,594,964 on LGBT ideology in 2022, a number that swelled to a whopping $665,454,357 in 2023.
Maloney reported that in 2024 Canada gave LGBT activists a total of $6,469,076 — an increase from the previous three years, in which a total of $12,548,238 was spent.
Since taking office in 2015, the Trudeau government has consistently pushed an anti-life, anti-family narrative on Canadians.
In addition to supporting effectively unlimited abortion, Trudeau and his government have stood behind even the most extreme aspects of gender ideology, such as the chemical and surgical “transition” of minors.
Trudeau announced in early January that he plans to step down as Liberal Party leader once a new leader has been chosen, which is set to take place on March 9. Parliament has been prorogued until March 24 as a result, although Trudeau could resume it at any time.
Thus far, the two main candidates in the running to replace Trudeau are former central banker Mark Carney and Trudeau’s former Finance Minister Chrystia Freeland.
-
armed forces2 days ago
Canada could cut deal with U.S.—increase defence spending, remove tariffs
-
Business24 hours ago
Trump creates U.S. sovereign wealth fund – may purchase TikTok
-
Business2 days ago
A Lone Federal Political Voice Opposing Retaliatory Tariffs
-
Business2 days ago
Poilievre Says Both Sides Lose Trade Wars, Promotes Inter-Provincial Trade
-
Bruce Dowbiggin1 day ago
The Limping Loonie: Are Canada’s Pro Sports Team In Trouble Again?
-
Banks1 day ago
The Great Exodus from the Net Zero Banking Alliance has arrived
-
Business1 day ago
Trudeau Promises ‘Fentanyl Czar’ and US-Canada Organized Crime Strike Force To Avert U.S. Tariffs
-
Education1 day ago
Trump reportedly considering executive order to shut down Department of Education