Despite flat electricity demand since 2005, BC Hydro increased dollar value of IPP purchases by 185%, added 17% to its own generating capacity and bumped total assets from 12 to 38 billion dollars and is spending 15+ billion more on capital expenditures…
Electricity ratepayers, mostly residents and small to medium sized businesses, suffer because of failures by politicians and major media. The public was badly informed and that has enabled losses that will ultimately measure in the tens of billions of dollars. This should be British Columbia’s largest ever political scandal but the people responsible for it will never be held to account. On the contrary, the scoundrels have departed or will one day retire in unsullied comfort…
Despite newspapers being longtime supporters of Fraser Institute teachings that call for reduced public spending, they are now more than happy to get in line for corporate welfare. That’s not surprising. While many Canadian journalists are principled professionals, rather few of their employers share that virtue.
The best four minutes you can spend today.
Premier François Legault has started to prepare Quebecers mentally for the gradual lifting of the province’s lockdown…
In British Columbia and other western provinces, we will soon be working to reshape the economy. Now is a perfect time to commit to reduced production of fossil fuels and move vigorously toward a clean energy economy. Instead of public relations campaigns, we need action. Real action.
Sweden has refused to join the rest of us in a lockdown. How’s that working?
Numbers are imprecise but in normal times, 10 to 12 thousand patients are in BC Hospitals. Around 1,500 of those are discharged each day and replaced by new people needing treatment. If 75% of now vacant hospital beds were occupied and a pandemic surge occurred, the current number of empty beds would be restored within three days. Trends experienced elsewhere show there will not be a massive single day spike…
The financial crisis is about more than money. It is also about morality, casting an uncomfortable light on the links between the activities of bankers and the wellbeing of society as a whole. The idea that economics is morally neutral or that finance should be above ethical scrutiny deserves to be challenged.
BC is doing quite well but that is at risk if people don’t follow directions of Provincial Health Officer Dr. Bonnie Henry, or if an outbreak occurs at one of the large industrial camps kept open by irresponsible companies like BC Hydro and Teck Resources.
Joan Baez:
We shall overcome
We shall overcome
We shall overcome, someday
Oh, deep in my heart
I know that I do believe
We shall overcome, someday…
The $12 billion utility delivered more power to its BC residential and business consumers in calendar year 2005 than the now $38 billion utility delivered in 2019…
You will find evidence at In-Sights proving government policies and subsidies have cut public revenue from petroleum and natural gas producers to a tiny fraction of what it once was. This despite substantial increases in natural gas production. But, gas producers have hands in our pockets in less obvious ways…
Petroleum and natural gas rights sale results reflect policies of a government dedicated to increasing fossil fuel production. To do that, they are giving away the public share of these natural resources. Christy Clark formed the policy; John Horgan accelerated it.
Compounding the economic risk factors that are manifesting is a widespread domestic discontent with current economic systems, perceived to be rigged and unfair. Concern about inequality underlies recent social unrest on almost every continent…
Right now they’re destroying two amazing landmarks on the river, tall rock pillars called “The Gates” in an attempt to cut a channel of the river off and use the rock for their mad earthworks. We hear that even locals who support the dam are becoming restive when they see the profligate throwing around of money and environmental destruction…
Unless major changes occur at BC’s public utility—something the Horgan Government seems determined to avoid—the 60-year-old company’s death spiral will advance.
Serious storm clouds lie ahead. The only customers that create positive cash flow for BC Hydro are the residential, light industrial and commercial consumers. Political commitments have been made to sell power to heavy industry, including oil and gas operators, at a fraction of the average price BC Hydro is paying to buy electricity. That means individuals and small business operators will be paying ever increasing electricity prices because someone has to pay for corporate incompetence and it won’t be managers or customers with political influence…
We already knew the oil and gas business was poisoning land and water and polluting the atmosphere. Most people, including workers in the northeast gas fields, are probably unaware that people are being exposed to radioactivity as well.
One of the pre-election promises made quietly by the BC NDP to me and other concerned citizens was to apply best scientific practices in regulating British Columbia’s northeast gas fields. In another post-election policy reversal, John Horgan’s NDP government decided the only action needed was a little green washing…
I believe Canadians made the right choice in the last general election. Mark Carney has represented us well on the…
Aside from "The Chosen One'" PhD niece, Mary Trump, who is investigating the psychological side of DJT? Erika Jordan. Erika…
The first indication that the UK could shift focus on energy resulted in a nation-wide ban on fracking. The next…
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If Mr Burns was born in America would he stay? US records new depopulation figures? https://www.wsj.com/us-news/americans-leaving-the-us-migration-a5795bfa In its 250th year,…