The Enronization of BC Hydro
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Essential reading – BC Hydro demonstrates what a successful state enterprise looks like. So first it must be split up, then hobbled, then the competition be given the only right to expand. The BC Liberals (who are Liberal in name only) have already sold off BC Rail – while elected on a promise not to. Now the system which gave us the cheapest power on the continent is going the same way. But it’s Good for Business!
I couldn’t agree more. However, I am even more worried by PG&E’s moves to secure and export renewables, completely bypassing BC Hydro in the first place
http://lotuseffect.wordpress.com/2008/07/23/bc-has-competition-for-bcs-renewable-energy-california/
The thing with this move is.. it’s not good for business – it completely excludes BC cleantech from participating. Some of the analyses are right.. BC is entering into a new era of clean energy, but it’s one that BC Hydro, BC ratepayers, and BC industry is not a part of.
L.E.
July 22, 2008 at 9:01 pm