The race to the bottom is over

In the fiscal years 2016 and 2017, natural gas royalty payments totalled $291 million. However, credits owed producers increased $748 million so, if the province bothered to record these obligations as was recommended by the Office of the Auditor General, the royalty account had a two-year deficit of $457 million. A decade ago, two fiscal years —  2006 and 2007 — produced gas royalty payments of $3.7 billion (2017 dollars) from substantially less production.

Organizational inertia and Site C

The decision to proceed with Site C was not based on need for power by BC consumers. Demand is this province has been more or less unchanged since 2005… While the NDP has done much to change the direction of government in BC, they’ve been paralyzed when it comes energy policies. BC Hydro has been a troubled organization for years and it will not be rescued by timid actions. That’s bad news for every BC business and ever resident who consumes electricity.

Priorities

There is a small group of people — BC Liberals and friends — who viewed BC Hydro as a giant faucet for disbursement of cash. It is a costly reality for consumers of electricity in British Columbia…

Solar power unstoppable, even on the wet coast

Dave Melrose, a reader who is in the solar installation business, commented on my previous article Death knell for net metering. He worries that people could be misinformed because I didn’t make clear that self-generation of electricity remains viable for homeowners. People tell me a 15-year payback on solar installations is common, even without selling excess power to the utility. However, having studied the financial statements of BC Hydro, I know that huge rate increases are coming. These will shorten the solar system payback considerably…

Liberal amounts of fake accounting

Residents of British Columbia understand financial pain that follows when officeholders subvert public utilities to gain political advantage and reward special interests. BC Liberals aimed to privatize public assets and services. When it could not be achieved overtly, it was done by stealth. After inevitable failures and disasters, legislators concealed them by employing a broad misinformation strategy. BC’s success in duping the public on utility matters encouraged Ontario Liberals to adopt accounting fakery in their own province…

Death knell for net metering

BC Hydro fears the amount of power fed to the grid by participants in net metering will expand substantially. As a result, this week the utility announced they intend to change the program so that it is not available to customers generating power beyond their own energy needs…

Akratic NDP

It’s easy to understand why BC Hydro argued that pushing ahead with Site C was the preferred option. A change in course would require directors and executives to admit their past decisions were colossal mistakes. Blunders that cost billions don’t help job security and do not enhance resumes…

Inevitable change

This weekend, Kinder Morgan Canada Limited (KML) suspended all “non-essential activities and related spending” on its Trans Mountain pipeline expansion. They blamed “continued actions in opposition to the project.” That’s only part of the story…

We must demand redress

Important people perverted British Columbia’s judicial system so that wrongdoing in the privatization of BC Rail assets was hidden and remains in that state even today. These people included politicians, high ranking civil servants, RCMP officers and senior members of the BC Supreme Court. Their actions were facilitated by journalists employed by corporate media…