Is BCUC's Run-Of-River Body Slam The Real Deal?

WhatGoesUpMustComeDown
PlutonicSharePriceVille


On the face of it - yes.

But in real/non-deflector-spin terms, I'm not so sure.

Especially given the fact that the BC Utilities Commission has been so willing to play ball with Campbellerian initiatives in the past (see: Terasen, KinderMorgan for example).

Have a read of Mark Hume's report, because, I think, this is going to be a big story.

Here's the lede:

The British Columbia government's energy plan and the future of new renewable-power projects in the province have been shaken by a ruling from the B.C. Utilities Commission.

After hearings that lasted almost a year, the commission has rejected BC Hydro's long-term acquisition plan as “not in the public interest” and has refused to endorse its push for clean energy....

At the very least, regardless true intentions here, it would appear that one more pillar of the Campbell Government's recent election campaign has been shown to be built of nothing more than sand.

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