From a presentation by renowned columnist Erik Andersen on CBC:Recommend this post
...After BC Hydro made all the IPP contracts Premier Campbell found that California did not consider "run of river" generation green. Not asking California first means BC Hydro made a $40 billion mistake that we are all paying for now.Famed commentator Rafe Mair asks why BC Hydro news has been unreported by British Columbia's mainstream media. Rafe poses questions to Postmedia:
BC Ferries is another example of gross economic and financial incompetence. The three ships built in Germany were wrongly powered, a fact pointed out to President Hahn by a former and respected BC Ferries design engineer and the German builders. Because of getting the "ship scale" wrong, a transport term used to describe the matter of sizing the vehicle, ship or airplane to the specifics of the job, we have three too large boats in service that operate with one complete deck taken out of service. That is the equivalent of about 15% of the total ships' weight that produces no revenue but has its costs as depreciation and fuel burn. This penalty is for the life of the ships which is maybe 75 years...
Where have Vaughn Palmer and Mike Smyth been? Where have your reporters been? Where have your energy experts been? Where the hell has your Editorial Board been while the Campbell/Clark government through an enforced "sweetheart" deal between BC Hydro and large International Power Producers have bankrupt the former and unjustly enriched the latter?