Politically connected individuals took advantage of citizens’ desire for clean, renewable energy and the Liberals wrote contracts with “lucky firms” that bore no relationship to market prices, guaranteed massive private profits and ensured all financial risks stayed with the public. The contracts in British Columbia last as long as sixty years and allow prices that are as much as 5x market value. In addition, the contracts have annual inflation escalators, a privilege allowed no other commercial segment. All taxpayers get is more power to sell at a loss.
It’s time to put the fear of consequence back in governance. Since it is obvious that the current checks and balances mean little or nothing, to political organizations, bent on malfeasance while in power…
Some BC politicians are not bright. Either that, or they are thoroughly dishonest. Maybe both. Liberals saw natural gas revenues drop from $11.5 billion in the five years ended March 2011 to $0.8 billion in the five years ended March 2017…
If the feds disclose evidence at a future trial that indicates provincial neglect and dereliction in pursuing crimes associated with gambling, what happens to public trust and support for both the BC Liberals and the BC NDP? The only question might be: Why did each of the two main BC parties hang themselves with their own noose?
Thanks to Richard Hughes for pointing to this video.
John Horgan issued a press release that makes so damn much sense, I’m repeating it almost entirely. British Columbia urgently needs an independent and transparent examination of all private power purchase agreements, including those important portions kept secret…
Rich Coleman flatly says to Mr. Holman that every file in government generates multiple pieces of correspondence. Now, think back to all those times that researchers and journalists used Freedom of Information to request documents and were told there was nothing.
BC NDP’s unwillingness to appoint a Commission of Inquiry to investigate corruption in public administration is one more sign of timidity, a thing becoming the Horgan Government’s hallmark. We’ve seen much evidence of illegal money laundering at casinos and no significant penalties have been assessed against corporation or individuals. Business as usual continues and, good business it’s been for insiders.
Senior RCMP management failed to deal with many harassment complaints and that is costing taxpayers plenty. A class action settlement originally thought to involve 500 victims and a cost of $100 million, may now include 4,000 female employees. The final cost will be substantial.
When a big financial donor to Liberals wanted to acquire publicly owned BC Rail, Liberals pretended the railway was a money loser with little value and sold it, despite an election promise not to do so. Then, they quietly distributed the railway’s extensive land assets in sweetheart deals with friendly developers. After that, government spent millions of taxpayer dollars to induce guilty pleas and end the infamous BC Rail scapegoat trial.
We know Gordon Campbell crafted a story that people in BC should have enough domestic generation capacity to cover the most extreme shortage of water we could imagine. Like any unethical insurance salesman he consciously omitted telling the public what certainty of supply in a highly unlikely year would cost.
Liberals believed Dirty Money involved “victimless crimes” so they chose to tolerate illegal behaviour that provided a boost to economic activity. The Campbell/Clark Governments were more interested in gaining political advantage. Families faced with unaffordable housing & others affected when thousands died from illicit drugs would describe it differently. The corruption was anything but victimless.
Wind energy has become crazy cheap in the United States: With lowest costs approaching $10 per MWh and lots at under $20 per MWh. Site C power may cost $120 MW.
Bill Good is in the news this week. David Ball wrote about this news reader turned political activist in the The Star Vancouver. In years past, Mr. Good was a favourite subject of this blog, even though he seemed to have little regard for bloggers…
Between 2004 and 2017, the quantity of natural gas produced increased by 64% and the royalties, which once measured over $1.5 billion annually, disappeared.
The recent revelations about the supposed “decision process” regarding continuing with Site C, as detailed by Sarah Cox, are totally unacceptable. The public now knows that there never was any intention… to Stop Site C.
Some may be able to moderate use of electricity from the provincial grid but almost no individual can stop being a BC Hydro consumer. That fact obliges politicians to ensure the company is operated with maximum efficiency for the benefit of every citizen, not the relative handfull that are rewarded by BC Hydro’s misconceived spending plans. Sadly, the Horgan Government does not agree. Utility policies and company management are almost unchanged during the last 11 months and the recently announced review is specious.
Delegates from 195 countries met in Paris for the 2015 United Nations Climate Change Conference. Prime Minister Justin Trudeau had a plan to address climate change and “take on a new leadership role internationally.”
Canada, British Columbia, Alberta and Saskatchewan are today committed to pumping billions of dollars into the inevitable carbon bubble. Delaying transition to renewables to extract additional wealth from fossil fuels is dangerous Smarter people than Notley and Trudeau prefer a different approach.
Many citizens — although not In-Sights readers — will be shocked to learn that credits owed natural gas producers soared by more than $1 billion from April to November 2018. That increase is two and a half times more than the total gas royalties received by government in the three fiscal years ended March 2018. The $3.2 billion balance owed to producers ensures that royalty revenues will remain at paltry levels throughout the Horgan Government’s present term.