Showing posts sorted by relevance for query hydro one. Sort by date Show all posts
Showing posts sorted by relevance for query hydro one. Sort by date Show all posts

Wednesday, May 28, 2014

A Mound Of Sound Guest Post: The Relentless Growth of CO2



I put this item together a while ago but I was reminded of it today while reading a report from the WMO, the World Meteorological Organization, that April will go in the books as the first month in which atmospheric CO2 topped 400 ppm throughout the northern hemisphere. Not just one nasty region here or there, the entire bloody northern hemisphere. That's change you can believe in (sorry Barack).

Scientists say emissions will need to peak by 2020 and then decline rapidly to limit warming to 2C, a target agreed at the 2009 round of UN talks in Copenhagen.

According to the UN climate science panel, the world has already used between half and two-thirds of its “carbon budget” the amount of CO2 that can be released before the 2C goal is impossible.


This got me thinking about our chances of peaking our emissions by 2020 and then slashing them rapidly after that. At that point a quiz I recently spotted in The Globalist popped to mind.

The Globalist website posts a weekly quiz and they're generally pretty thought-provoking.

A recent one dealt with automobile manufacturing in 2013. How many cars were built in 2013? How about 83-million! China accounted for 27% of global sales. More telling was the fact that it wasn't until 2010 that we reached the 73-million auto mark. That's an increase of 10-million in just three years. Even more depressing is the forecast of 100-million cars to be produced in 2018, a third of them for the Chinese market.

What does that information tell you? In eight years we're going to go from producing 73-million cars to building 100-million. That means we'll be adding another hundred million cars a year to the hundreds of millions of older cars already prowling the planet's roads and highways. Now imagine what that's going to mean in the context of oil and gasoline consumption, water consumption (it takes 39,000 gallons of water to build a car), and of course greenhouse gas emissions. Hey kids, we're so screwed!

Another Globalist quiz looked at energy rich Nigeria and how much electricity the average Nigerian consumes in a year. It's about as much as the average person uses to power their microwave over the course of a year. That's because Nigeria is a corrupt petro-state and all that oil wealth mysteriously never makes it down to the ordinary folks.

How about electricity production from renewables? Brazil is the winner in the clean power contest at 82%. Canada comes in at 63% clean electricity, mainly through provincial hydro-electric generation (no thanks to Ottawa). The United States? Under 13%, well below the global average of 20% which also happens to be China's renewable electricity level.

You can find all the quizzes, including archives, here. If, like me, you're interested in issues pertaining to globalization, you can subscribe to their daily e-mail briefing. It's as timely as it is insightful.

Thursday, March 28, 2024

The High Price Of Populism


In this age of economic deprivation for so many, it is understandable that people seek relief wherever they can find it. Some do without, some shop at discount stores, some take second jobs. Unfortunately, some embrace whomever seems to be offering a helping hand. 

Here in Ontario, that 'helping' hand comes from populist politicians, most notably our own Will Loman ("Be well-liked and you will never want"), Doug Ford. Like the salesman he was through his Deco Labels business, which he still owns, Ford has never lost his appetite for public approval. And that propensity is leading all of us down a very dark economic road.

The province's latest budget, unveiled the other day, projects a tripling of the deficit to $9.8 billion, piling on top of the current debt of almost $400 billion. The government argues that it necessary to keep spending in these economically challenging times and making life more affordable for people.

And therein lies the rub. While the deficit and debt continue to grow, our populist premier is surrendering huge sources of revenue via an extension of the gas tax reduction, the ongoing elimination of auto plate renewal charges, massive subsidies to keep the price of hydro lower, and having the public pick up the tab for developers' charges, at the same time giving below-inflation increases to vital services like health care, education, etc.

Not everyone is fooled by this fiscal sleight-of-hand. Certainly, Toronto Star readers are not. Here are two of their letters

Perhaps if the Doug Ford government hadn't been so enthusiastic about shredding long-term stable revenue streams it wouldn't be in the deficit position it now finds itself. Since 2018 the province has lost approximately $1 billion a year each from the cancellation of the greenhouse gas cap and trade program, the elimination of vehicle licensing fees and reductions in the provincial gasoline tax. To this has to be added the billions in provincial revenues that are now having to be diverted to municipalities to pay for infrastructure needed to support housing, making up for the development charge revenues that were lost through Bill 23 — the infamous Building More Homes Faster Act. Then there is the ongoing $7 billion annual diversion of revenues to artificially lower hydro rates and hide the actual costs of nuclear refurbishments. In the longer term the costs of financing the government's "get it done" megaprojects, many of which, like the Highway 413, the Bradford Bypass and Pickering B nuclear refurbishment, have been previously assessed as uneconomic, unnecessary and destructive, has to be considered as well, in a context of increased interest rates. Beyond the long-term environmental and climate consequences of these choices, different decisions would have left the province far better positioned to make needed investments in areas like education and health care.

Mark S. Winfield, Toronto

Gas tax cut diminished government revenues 

The Ford government could handily have trimmed its deficit in this latest budget by cancelling its gas tax cut. By the government’s own admission, this tax cut has diminished government revenues by $2.1 billion over the past two and a half years. Might not all that money have been more helpful providing affordable housing, supporting public transit, and fixing our overburdened health-care system?

Kenneth Oppel, Toronto

For people like Doug Ford, life and politics are but a shell game, one that fools far too many people far too often. But in the end, we all wind up paying a very steep price.

Friday, October 6, 2017

In The Eye Of The Beholder

It is my practice each evening at 6:30 to switch back and forth between NBC Nightly News and Global National, in part because I like to see the differing emphases placed on common news stories. Generally, I find Global National superior for its depth and analysis of key items.

For example, NBC has largely devoted itself to the human drama that was played out during the Las Vegas massacre and its aftermath, telling survivors' stories and sundry tales of individual acts of heroism that occurred. Global National, while not neglecting such aspects, has also examined some of the factors contributing to mass murder, one of them being the thorny issue of gun control, something NBC has shied away from. As a rule, Canadian media will tread where Americans fear to go or are forbidden by corporate fiat.

However, last evening I was quite disappointed at Global's coverage of the Energy East pipeline cancellation. I am including two clips from that coverage, the first a straight-forward reporting of the cancellation coupled with the predictable political games of the Conservatives blaming it all on Trudeau, the second an analysis with a decided editorial bias.



The next clip, which explores the question of the future of energy projects, has a decidedly pro-pipeline bias, as David Akin looks at the impediments to such projects. Phrases such as "interest group activism" and "regulatory dysfunction" leave little doubt that stronger measures to monitor and control greenhouse gas emissions are obstacles to multi-billion-dollar investments and good-paying jobs. While those of us who care about the environment and climate change are heartened by 'impediments' to further fossil-fuel development, others consider it a major blow to all that is good and holy - continuous, unrestrained growth.



In the second video, you will also have noticed David Akin's attempt to conflate pipeline development with some of the great infrastructure projects of the past like the James Bay hydro-electric project and the Trans-Canada highway. He also invokes Sir John A. MacDonald and laments the lack of a "national vision" today, my interpretation being that we are are somehow the poorer for a lack of imagination when it comes to pipelines.

Global National may be content to live in the past and extol the old economic models in which environment factors are simply an inconvenient obstruction to unrestrained growth. The rest of us who take the time to educate ourselves about the climate-change perils we face today can only look on with bemusement that such an antiquated model still holds captive much of the national media.

UPDATE: For those who tenaciously cling to the belief that fossil fuels will always reign supreme, this article provides a sobering dose of reality:
The electric vehicle revolution has been supercharged by plummeting lithium-ion prices, which are half of what they were in 2014. Bloomberg New Energy Finance (BNEF) forecasts EVs will be as cheap as gasoline cars by 2025 and keep dropping in price until EVs overtake them in yearly sales, by which time EVs will be displacing 8 million barrels of oil a day — more than Saudi Arabia exports today.

Monday, November 27, 2017

Note To Justin And Rachel



Please explain again why your insistence that we need to build more pipelines is valid, given these facts:
A new world record price for electricity set earlier this month signals a radical disruption in global energy markets — and Canada, whose economy was once powered by some of the world's cheapest electricity, will not escape the effects.

The new price, described by the news site Electrek as the cheapest electricity on the planet, was less than 2 cents per kilowatt hour, "part of a pattern marching to 1 cent per kWh bids that are coming in 2019 (or sooner)," the site declared.

The record was not set in a place where energy is traditionally cheap. Nor is it from a traditional electricity source.

But the fact the power will come from solar is only one part of a series of profound changes, including mass battery storage, that is in the process of shaking up the world energy market.

[The University of Calgary's Blake] Shaffer says that in order to be effective in an integrated power network with backup systems like gas and hydro, intermittent power sources like wind only have to fall below the price of the of the cheapest alternative. Carbon pricing gives wind an even greater advantage over gas.

"It seems like at these prices, and that's what's really amazing about how low we're getting in solar, is that, yeah, it can compete, even though battery technology is expensive these days," says Shaffer. "You can out-compete coal and natural gas at these levels."
Given that 65% of the world's electrical power is currently generated by fossil fuels but is destined to fall with this new reality, I guess I just don't understand your pipeline passion, Justin and Rachel, especially given your seemingly contradictory position that we must move away from fossil fuels to mitigate climate change.

I await being enlightened on this issue.

Friday, June 27, 2014

Lisa MacLeod Revisited



The other day I wrote a commentary on recently re-elected Nepean-Carlton Ontario Progressive Conservative Lisa MacLeod. In a thinly-disguised job application/op-ed piece for the Star, Ms. MacLeod talked about what is needed for revitalized leadership of her party, brought to electoral ruin by the soon-to-be-departed leader Tim Hudak. Perhaps not surprisingly, MacLeod's prescription for renewal seemed to reflect her 'skillset.'

It is a self-assessment with which not everyone agrees. In today's Toronto Star, two letter-writers point out what the party needs, and their prescriptions do not seem to include Ms. MacLeod:

Re: Ontario Tories need fresh leadership, Opinion June 24

When I read drivel such as this penned by Lisa MacLeod, it is difficult to drum up any optimism about the futures of Ontario, or its Progressive Conservative Party.

The Tories lost the election for one reason: incompetence on a massive scale. Instead of running with a few things that would have resonated with the vast majority of voters (hydro rates, and debt load on our children’s shoulders), true to form they handed their opponents coils of rope and voluntarily built the scaffolds.
It is quite apparent that Lisa MacLeod is positioning herself for a run at the leadership of the party, and I would extend a caution to anyone who might be under the impression that her fresh face is the ticket to party rejuvenation.

I met Ms MacLeod several years ago at a public meeting in rural Ottawa. Her personal brand of politics differs little from the all-too-familiar version: politics is nothing but the acquisition and retention of power — decency and concern be damned.
And the fact that she ran away from a discussion about our declining property rights shows that she really isn’t much different from Mr. Hudak, or the Liberals and the NDP, for that matter.


Jamie MacMaster, North Glengarry

MPP Lisa MacLeod could have saved a lot of ink and space by simply writing: pick me, pick me!

She is already looking to the next election. Listen up Tories: Ontarians don’t like elections. They cost money. Our money.

What we want for the Ontario Tories is a leader with intelligence, integrity, candour, honesty, a social conscience, and especially, the ability to work with all parties, to find the best solutions for Ontarians’ needs. Not your party’s needs.

That pretty much rules out all the old baggage carriers from the Mike Harris years – like Tony Clement and the neocons/Tea Partiers like Lisa Raitt.
Oh, and Lisa MacLeod.

“Red” Tories it’s time to take back the party.

Susan Ruddle, Waterdown