The $55 Billion Private Power Racket and Real Story Behind Hydro's Debt

The $55 Billion private power racket and real story behind Hydro’s debt

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British Columbians have been hearing a lot lately about BC Hydro’s shocking debt situation – which is far worse than it’s being described. Newly-minted BC Liberal Energy Minister Bill Bennett is supposedly on the warpath, looking for ways to trim the fat from the crown corporation’s bulging belly. The Liberal Government was “surprised” by last-minute cost revisions to … Continue reading The $55 Billion private power racket and real story behind Hydro’s debt

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Rafe: What the Heck are John Horgan and the NDP Thinking?!

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Ok, John Horgan (BC NDP Energy critic), now I’m pissed off. You were quoted in the Vancouver Sun this week as saying you’re unhappy that the NDP lost, etc, weep, sob. Here it is in plain, unadorned English: I TOLD YOU SO! In fact, my advice to you and your party has been constant and goes back to Bob … Continue reading Rafe: What the Heck are John Horgan and the NDP Thinking?!

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Rafe: Take Clark’s disingenuous Enbridge ‘No’ with a pound of salt

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Here are three things to remember about Premier Clark and the Enbridge pipeline: 1. She did not reject the pipeline – she simply said that Enbridge had not met BC’s conditions. 2. She has, simply said “we want money”, which reminds me of the old chestnut where a man invites a lady to bed offering her $25,000 … Continue reading Rafe: Take Clark’s disingenuous Enbridge ‘No’ with a pound of salt

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