TORONTO, June 12, 2012 /CNW/ - Thursday, June 7, 2012- Mr. Frank Carnevale, President & CEO of Bridgepoint Group Ltd. is pleased to release its report titled, "Renewable Energy Facts | Ontarians Have a Good Deal". It is a review of portions of the Ontario Auditor General's December 2011 Annual Report.
The Auditor General was extremely critical of the rapid expansion of Ontario's renewable energy industry and the Green Energy and Economy Act.
In the interest of public education, Bridgepoint investigated the Auditor General's claims by synthesizing a broad spectrum of public research, and found contrary evidence.
"The public need to know the facts around renewable energy initiatives, and too often critics focus on the full cost of renewable power prices vs the incremental, if any, over alternative sources of power", commented Mr. Carnevale. "Credible evidence suggests that the current Feed in Tariff contracts will be price competitive with alternative sources over 20 years, and with further evidence of net jobs being created, Bridgepoint believes that Ontarians have a good deal."
The public may download a free copy of the report:
ABOUT BRIDGEPOINT GROUP LTD.
Established in 1998, Bridgepoint Group Ltd. is a boutique consulting, advisory and merchant banking firm that enables the development and management of sustainable energy and infrastructure solutions.
For further information:
President & CEO
Bridgepoint Group Ltd.