Analyze
ThisVille
The following is the 'wave away' from Rob Shaw's bizarre deflector spike spin piece on how Horgan has been acting just like Clark, re: Hydro in
yesterday's VSun:
...As veteran energy analyst David Austin noted at a recent B.C. Utilities Commission hearing, you could fire all of Hydro’s staff, cancel all its private power contracts, and the corporation would still have to keep raising rates because its true cost pressures lie in paying for all its deferral accounts, building and upgrade projects...
'Veteran energy analyst'?
Sure thing.
But, then again...
There is also the following from the good Mr. Austin's bio page at Clark Wilson LLP under the heading
'Creation of the Independent Power Industry in BC':
...Was heavily involved in the creation of the independent power industry from the policy, business and legal apects in BC and continues to represent it in regulatory proceedings...
Now.
Not to put too fine a point on it, but...
Was not the BCUC hearing that Mr. Shaw refers to some kind of 'regulatory proceeding'?
****
Meanwhile,
from Norm Farrell's latest, another one of those really, really big things that fine local proMedia folks like Mr. Shaw don't bother to tell their readers:
In a follow-up post
on his Twittmachine feed Norm further notes that we gave IPP's almost $10 billion between 2005 and 2017 and almost $4 billion in the last three years alone.
Imagine that.
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Tip O' The Toque to reader Hugh for the heads-up in a comment over at Norm's place.
.