Commentary
Banning natural gas and pushing electricity without enough supply is a recipe for soaring energy costs and blackouts. Politicians may forget the basics of economics, but supply and demand won’t go away.
When the supply of anything goes up, its price falls. Limit or decrease supply and the price rises. Demand works in the opposite direction—high demand drives up prices, and lower demand brings them down.
Like gravity, the law of supply and demand is always there, but many politicians behave as though it doesn’t exist. Nowhere is that clearer than in energy policy, where environmental goals are prioritized while economic realities are sidelined. The drive to eliminate energy-related emissions in just a few years may sound noble, but it ignores practical limits, and Canadians are paying the price….