While investment analysts are telling their clients to get out of solar power firms and warning about the continuing risks in wind and bioenergy schemes, Ottawa and the provinces are on a mad populist stampede to throw billions of dollars at the green energy monster. The politicians don’t seem to be keeping up with the trends. “Don’t try to catch a falling knife,” warned J.P. Morgan this week in a report that told investors the market continues to fall out of the solar panel module market. It downgraded a bunch of solar companies that have already been in a tailspin since the fist signs of a solar crash back in 2008.

Other alternative energy sectors are hitting walls. Jurisdictions with wind power regimes face continuing issues related to the fact that the wind often doesn’t blow much, turning investments in wind farms into cash-draining albatrosses. In Ontario, the 1,100 megawatts of built wind turbine capacity are often running a few megawatts at a time, and even on the best of days have trouble producing 150 megawatts.
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