In 2008, British Columbia gained $3.2 billion from sale of petroleum and natural gas rights. If the second half of 2019 matches the first, revenue from right offerings for the year will amount to $5 million, less than 1/5 of one percent of 2008, despite substantially increased production of natural gas.
Norm Farrell
Gwen and I raised three adult children in North Vancouver. Each lives in our community with seven grandchildren, 12 years and younger. I have worked in accounting and financial management and publish IN-SIGHTS.CA with news and commentary about public issuesv.
North Vancouver District Policy Proposal
THAT staff is directed to prepare a policy that will require members of Council to declare before voting on any development proposal, campaign contributions knowingly received from the applicant, or from individuals associated with the applicant, and that members of Council are encouraged to recuse themselves where such a declaration is made;
For the times they are a-changin’
Today, British Columbia is far richer than fifty years ago but that wealth is distributed much differently. As a result, despair is widespread, homelessness grows, thousands die each year from drug abuse, more than one hundred die by homicide. Uncounted humans are wasted. Our current provincial government is searching for answers but influential citizens in this province are more than satisfied with the status quo. As John Kenneth Galbraith said, they are searching “for a superior moral justification for selfishness.”
Liberal rebrand: Hypocrisy ‘R’ Us
For years, BC Liberals relied on millions of dollars contributed by a relative handful of wealthy donors, many based outside the province. Along with developers hungry to acquire public lands below market […]
Loyalty matters
Trust, communication and cooperation are vital elements in a workplace, particularly when staff is small, financial stakes high, and tasks important. But, what happens when trust is broken and wrongdoing discovered? Well, […]
Grand scale giveaway
Why the NDP has decided to fight teachers and not the fossil fuel industry is a mystery to me. The volume of BC natural gas production has increased substantially in the 21st century but public revenues have declined to almost immaterial amounts.
Vaughn Palmer, noted engineer and road-builder
Today, a poll from Mario Canseco’s Research Co. reported, “The governing New Democratic Party (NDP) is the top choice in British Columbia’s current political landscape…” This might explain why some scribblers in the Press Gallery are focused on rebuilding the BC Liberal brand.
Wrongdoing? Nevermind!
If your house is burglarized and cherished possessions stolen, don’t call police. Cost of an investigation is likely more than the cash value of items stolen. That’s might be the advice you’d receive from a Liberal member of the BC Press Gallery…
Hypocrisy
Until a 2017 statute deterred corporate contributions to politicians, BC Liberals took in millions from radical activists with deep pockets. These were the foreign shareholders and financiers of large corporations doing business in this province.
Path of destruction
I’ve argued on this website that BC Hydro’s ratepayers are victims of corporate inertia. The company continues to do what it properly did for its first 45 years. Unfortunately, now 58 years old, the company’s failure to adapt puts it on a path of destruction.
Liberal legacy
Years ago, SFU Professor and private power promoter Mark Jaccard assured us “independent power producers who will lose their shirts — not ours – – if they get it wrong.” In his 2018 retrospective report, government finance expert Ken Davidson concluded that somebody got it wrong but definitely not the independent power producers.
Liberal evasion
Today, the Liberal who played a central role in casino oversight dodged questions about documents from Globe and Mail’s Justine Hunter. He also suggested he will refuse to reveal all that he knows to Inquiry Commissioner Austin Cullen. For Rich Coleman, it is not a matter of self-preservation. He aims to protect unnamed people who are vulnerable to violence if he talks.
Choices
Yeah, who wants socialism?
Returning soon
April 2019 marked the tenth birthday of this online site. I say thank you to regular readers who participate with comments and make these sections interesting and informative. Special thanks are due the readers who provide financial support. Without it, In-Sights would not exist today.
Facts matter
The BC Press Gallery has been a private club, reluctant to admit new members. Emma Gilchrist, co-founder of The Narwhal and Executive Director of its predecessor Desmog Canada, had media privileges blocked at the Legislature by Tom Fletcher, then Press Gallery president. Fletcher, the Black Press advocate for climate change denial and right-wing libertarianism, concluded that Desmog was an “advocacy organization and not a media outlet.” As a result, Emma Gilchrist’s organization was not eligible for journalistic accreditation at the Legislature.
Fugitives in our midst
Politicians in British Columbia’s two major political parties may speak about the need for urgent climate action in Canada. But, their moves to ramp up this province’s fossil fuel production put them firmly in the camp of climate change deniers.
Promises, promises
LNG plants will only be constructed in BC if the province provides unprecedented subsidies and tax relief. Inducements include natural gas that is essentially free of royalties and other levies, electricity at a fraction of the cost BC Hydro incurs for new power and, after passage of Bill 10, tax credits that will eliminate provincial income tax that might otherwise be paid by LNG operators.
Andrew Weaver speaks
Excepting BC Green Party leader Andrew Weaver, politicians on both sides of BC’s Legislature are reluctant to discuss natural gas policies. This week, the BC NDP raised gas subsidies. That’s unfortunate because climate change is a critical threat to the world we live in and fossil fuels are a prime cause.
Whoppers, big and small
Charles Adler believes we should speak clearly. However, he said nothing about speaking accurately, a quality not always compatible with political propaganda.
“A cathartic and vindicating moment”
Throughout that time, I couldn’t understand why the obvious insanity of costly private power programs didn’t raise the ire of many citizens. For that, I lay a large part of the blame on radio and Press Gallery pundits. Some had personal interests affecting their points of view and some believed that health of the business coalition party ranked above the public interest.
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