Fugitive emissions and fugitive revenues
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.
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…
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…
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…
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…
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.…
The Havyard shipyard announced that it received a contract to build seven battery-powered ferries for Fjord1, Norwegian transport conglomerate. The news comes after the operators of the first all-electric ferry…
Committing billions of taxpayers’ dollars to ensure the public carries all economic risks of the Trans Mountain project is not only financially unsound, it requires a commitment to climate change…
In British Columbia, ethical rules of news gathering are not always followed. Some offences are minor, others are significant…
Simple financial analysis demonstrates that management of BC Hydro during recent years was thoroughly incompetent. Largely, that is explained by policies and people imposed by BC Liberals on a utility…
Under BC Liberals, BC Hydro stopped using regulatory accounts for rate smoothing and used them instead to hide the true state of the utility’s financial condition.
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…
If we had experienced more truthfulness from BC Hydro, the province would not be spending billions on Site C. Not only is the project an option more expensive than alternatives,…
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…
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…
Removing the impact of gas tax and GST, our American neighbours pay as much as 38¢ a litre less. That amounts to $23 for a 60 litre fill-up. Based on…
Slowing of growth in carbon emissions falls well short of the sharp drop in carbon emissions thought necessary to achieve Paris climate goals. We need a far more decisive break…
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…
The coming shifts in power distribution is referred to as the democratization of energy. It is resisted at BC Hydro and other utilities but it is inevitable…
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…