In-Sights: The prosecution rests

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In-Sights: Freedom of disinformation

By any measure, BC Hydro was a success. So successful that pirates made plans to plunder. BC Hydro was a decades old operation that delivered power to British Columbia’s residential and business consumers at prices that ranked among the lowest anywhere. Additionally, a steady flow of money moved from the utility to public treasuries. Since ...

In-Sights: An electrifying agenda

Access to years of BC Hydro’s financial reports provide me with an indisputable record of the utility’s financial destruction. Eleven years ago, one citizen didn’t have detailed evidence but he did have foresight. A letter to Black Press, September 27, 2006: Editor: Re: Tom Fletcher, B.C. Views, “Road show, or running out of ideas?” Prince ...

In-Sights: Corporate media works for some but not for its audience

Earlier this year, American Bernie Sanders warned us about the failures of corporate media. In How Corporate Media Threatens Democracy, he wrote: …For years, major crises like climate change, the impact of trade agreements on our economy, the role of big money in politics and youth unemployment have received scant media coverage. Trade union leaders, ...

In-Sights: Utility woes

There is an interesting note in BC Hydro’s quarterly report issued in mid October for the period ended June 30, 2017: These interim financial statements were approved on behalf of the Board of Directors on August 24, 2017. By law (Budget Transparency and Accountability Act, Section 10(3)), BC Hydro was required to make public its ...

In-Sights: It will get worse for BC Hydro ratepayers

If you are paying attention to the affairs of BC Hydro, you know the utility is in financial trouble. However, it is electricity consumers that are feeling the pain. Unfortunately, with billions of dollars in phony assets to be written off, a growing power supply that outstrips static demand, payments to private power producers at ...

In-Sights: Looking forward

I assume that logic and fact will prevail and Site C, the most expensive public project in BC history, will be cancelled. It is a costly disaster but BC Hydro ratepayers are burdened even more by payments to independent power producers (IPPs). Much of the $100 million a month or more paid IPPs leaves the ...

In-Sights: Rising prices have only just begun

During the seventies and eighties, inflation was substantial in Canada. However, BC Hydro was not a major contributor to the rising cost of living. In the 20 years to 2006, BC Hydro’s charge per kilowatt-hour to residential consumers increased at 1/3 the rate of inflation. However, when Gordon Campbell’s neoliberal friends decided BC’s iconic utility ...

In-Sights: Falsehood flies, truth comes limping after it

The following article was first published in February. It is still relevant today because, despite a change in government,  agents of Site C beneficiaries continue to spread falsehoods trying to convince citizens that spending billions on a near worthless project is “good business.” Besides, as the vilest Writer has his Readers, so the greatest Liar ...

In-Sights: Careless or captured?

When you read or listen to resource industry advocates, especially ones masquerading as objective political pundits, compare their concerns in 2009 about burning natural gas to generate peak-demand electricity to their recent support for burning BC natural gas elsewhere in the world in the form of LNG. The following was first published at In-Sights on ...

In-Sights: Liberal friends win, taxpayers lose

Regular readers know that BC has a surplus of electricity, created mainly by BC Hydro’s steadily increasing purchases of private power, even though domestic consumption has been flat since 2005. Export markets are unprofitable and that situation has continued for years. Proof is offered by BC selling Columbia River electricity outside the province for about ...

In-Sights: Circular flow of income

Dr. Eoin Finn, an expert in international business and a leading Woodfibre LNG opponent, spoke to the independent Coast Clarion and said, “The fight is nearly over.” This was a project that Christy Clark’s Liberals hoped to promote in the May election as proof their LNG strategy was not constructed with glitter glue and puffballs. ...