Ontario to spend $7-billion in sweeping climate change plan

[captain morgan]

Such a shame.

Spreading wildfires derail oil sands restart - The Globe and Mail

On the bright side, the curtailment fo all that production has supported the price of oil... Looks like it's time to take a few dollars off the table

All while conventional keeps on growing.

Poor you.



Only 43,000 mfging job lost last month. Must be because of climate change.

Looking like Flossy is getting frustrated seeing that his green utopia has been shot full of holes the only reaction he has is to divert attention elsewhere.

 

[mentalfloss]

I've never seen people so afraid about $13/month.

Life must be pretty tough out there in the boonies.

 

[Walter]

Hydro One is being sold off to Private Corps (RIP Adam Beck) and to accomplish this they pacified all of the workers, Non Union and Union at HO buy paying them off in the form of stock.

When the Union workers first heard of the sell off they started a loud campaign to get everybody to defeat it, but since they were bought off, that campaign was cancelled.....

http://forums.canadiancontent.net/ontario/133902-privatization-hydro-one.html?highlight=hydro

The gubmint should not be in charge of my electricity, they should sell the whole thing.

 

[mentalfloss]

That's why Walter applauds the Ontario Liberals for selling off Hydro.

 

[captain morgan]

I've never seen people so afraid about $13/month.

Life must be pretty tough out there in the boonies.

I asked before... Is Mr Wynne guaranteeing that number and/or will she make up any differences in higher taxes and user fees elsewhere?

Anywho ~ it is really depressing that this move on the sweeping climate change plan signals the end of manufacturing, mining and forestry in Ontario.

 

[mentalfloss]

How depressed are you?

 

[Walter]

That's why Walter applauds the Ontario Liberals for selling off Hydro.

I wish they would sell it off, not just bits and pieces.

 

[captain morgan]

I'm depressed for you really.

As for myself, I am working with a couple of companies to acquire lots of boepd at bargain basement prices.

Times are pretty good for me right now

 

[lone wolf]

I wish they would sell it off, not just bits and pieces.

Are you saying a Conservative (James Whitney) was wrong in creating an incentive for industry to locate here by making Hydro a Provincial (owned by the People) utility?

 

[mentalfloss]

I'm depressed for you really.

As for myself, I am working with a couple of companies to acquire lots of boepd at bargain basement prices.

Times are pretty good for me right now

That's nice.

I'm having a real good time too!

 

[MHz]

I wish they would sell it off, not just bits and pieces.

Considering where Canad is located all utilities should be classified as essential utilities and the only shareholders are the ones with a utility in their name. Money should also be classified as an essential service under the same rules. No account, no dividend check at the end of the year.

 

[lone wolf]

Oh Gawd! You just preached socialism on Walter. You're gonna get that Kathleen Wynne "lOOk" now....

 

[MHz]

My wings of steel will protect me, . . . or is that 'ears of steel', oh well, to late to worry about it now.

You hinting that Walter likes to buy at wholesale and 'we' can buy at retail?

 

[tay]

I've never seen people so afraid about $13/month.

Life must be pretty tough out there in the boonies.

It's being sold off to Private Investors.

The question is 'why would a investor buy shares of OH versus anything else?'

The answer is 'they would be guaranteed a higher return.'

The issue is not $13.00 for most people but the real unknown cost. And if anyone tells you that replacing your gas furnace with electric baseboards will only raise your cost by $13.00, and you believe that, well, I'm speechless.

And just how high will the 'delivery' charge rise with private owners?

We saw what deregulation did to California......

By the early 1990s, electricity rates in California were on average 50 percent higher than the rest of the U.S. In 1995, the state legislature unanimously passed a bill to open the industry to competition, but now consumers are paying almost twice the rate they did before deregulation, and suffering rolling blackouts. Here's a summary of the events.

California - Summary | Blackout | FRONTLINE | PBS

 

[MHz]

The issue is not $13.00 for most people but the real unknown cost. And if anyone tells you that replacing your gas furnace with electric baseboards will only raise your cost by $13.00, and you believe that, well, I'm speechless.

And just how high will the 'delivery' charge rise with private owners?

No kidding, add in a stove and clothes dryer and that meter wheel will be a blur.

That is where the money is, the garbage collection and city water went from $50/mo to $100/mo and the only change was in service fees.

 

[tay]

No kidding, add in a stove and clothes dryer and that meter wheel will be a blur.

That is where the money is, the garbage collection and city water went from $50/mo to $100/mo and the only change was in service fees.
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Yes.


A lot of people applauded and slapped everyone's back for a job well done when the evil Union (Toronto garbage workers) was privatized but they never stop to consider, "why would a private company invest in that business?" because they were blinded by their self created, unsubstantiated rage over Unions.

GLF pays the same and has the same benefits as the Toronto Union workers had plus GLF shareholders demand a hefty profit so the only way to get that profit is to raise the rate to the homeowner.......

 

[MHz]

Yet people act surprised when it happens, that is the scary part as that same scheme is played out on the international stage time after time after time when Governments privatize any natural resource that has a financial value to it. (if it doesn't one will be created)
That would make the 'general public' the stupid one in the crowd if they cannot see the connection and the goal is to keep the general public in the poor house as much as possible while putting on a brave front of doing everything possible (and then some) to prevent the very thing that (keeps) happening.
Hugo didn't run his country into the ground, the same people that push for privatization of anything built with public funds is the 2nd part of a plan that existed from the beginning. Hugo stopped the 'service fees' from increasing but the resistance put up by private corporations ruined any of the good it could have done. Ontario Hydro won't be any different than some 3rd world country with a natural resource, the profits go out of Province and quality of service goes downhill and fees go uphill, 'constantly' rather than it being a one time deal.
One has to wonder how much of that 'guaranteed income' for each Canadian would have utilities involved in the rate a person gets. Something like the Northern Living Allowance, if that is even still around.

 

[taxslave]

Yes.


A lot of people applauded and slapped everyone's back for a job well done when the evil Union (Toronto garbage workers) was privatized but they never stop to consider, "why would a private company invest in that business?" because they were blinded by their self created, unsubstantiated rage over Unions.

GLF pays the same and has the same benefits as the Toronto Union workers had plus GLF shareholders demand a hefty profit so the only way to get that profit is to raise the rate to the homeowner.......

Or trim the fat and create some organization.

 

[captain morgan]

Yes.


A lot of people applauded and slapped everyone's back for a job well done when the evil Union (Toronto garbage workers) was privatized but they never stop to consider, "why would a private company invest in that business?" because they were blinded by their self created, unsubstantiated rage over Unions.

GLF pays the same and has the same benefits as the Toronto Union workers had plus GLF shareholders demand a hefty profit so the only way to get that profit is to raise the rate to the homeowner.......

Gvt unions are never held to any form of standards as they relate to competitiveness, efficiency or economic variables, this is the reason that so many have applauded the move.

As a direct comparison, when AB deregulated the retail arm of liquor distribution, prices went down, hours were expanded, selection in creased and the customer base responded in heavily supporting the changes.

Same deal with road/highway maintenance

 

[MHz]

Allowing the bars to be open on Sunday didn't hurt sales either. Had they made these moves when the Gov still owned it (3 shifts is open 24/7) they would have raked in the profits instead of it going to 'shareholders only'.

Same deal with road/highway maintenance

Here is how that went after privatization. When the Gov was the general contractor the spec on the asphalt (oil) content was between 5.9 -6.0 % and it went down to 5.8-5.9 after that. While that did save a bit of oil in making the asphalt in term of 'stability' it dropped about 30%. To get the same density bigger compactors were needed so a lot of the saved money was spent on newer machinery. The real money is the need to repair the road comes a decade faster because of that loss in 'stability' so the original saving is replaced by a need to resurface the same road twice as often just by reducing the oil that tiny amount. You will notice that on city streets more as the same pot-holes show up within 5 years of resurfacing.