Thursday, June 27, 2019

When Will Canada Wake Up or Stand Up?

Our Navy is buzzed by a Chinse fighter jet and reported as "not a concern" and "played down as a threat"

China stops pork imports due to a cdrtain substance found in a shipment brought in by a "falsified" permit.  Really? 

And the media laps this up and claims "China has played by the rules" so it is up to Canada to prove this negative. 

Is Canada (headed by a Liberal government) that fearful of China as a bully?  Messages, facts, interpretations and reporting are skewed to avoid offending China?

Who is the communist country now?

https://www.ctvnews.ca/canada/trudeau-arrives-at-g20-summit-amid-growing-tensions-with-china-1.4484852?fbclid=IwAR35HRzL2AbhssmC5V2-MJQRjk3FmI6d90RHHvgtodYhJSpx-22yoRO9PlY

Monday, June 24, 2019

Perspective and Context: Carbon Emissions Reductions

http://business.financialpost.com/opinion/terence-corcoran-why-the-great-fossil-fuel-phase-out-is-scientific-economic-and-political-fantasy-akin-to-time-travel

"...To produce the electric power needed to offset the lost fossil fuel energy, Canada would have to build 2.5 hydro power dams the size of British Columbia’s $13-billion Site C project somewhere in the country “every year for the foreseeable future” leading up to the proposed 2050 carbon reduction targets...

...In 2018, world consumption of fossil fuels rose to 11,865 million tonnes of oil equivalent (mtoe)....University of Colorado scientist Roger Pielke Jr. did some of the rough numbers. “There are 11,161 days until 2050. Getting to net zero by 2050 requires replacing one mtoe of fossil fuel consumption every day starting now.” On a global basis, such a transition would require building the equivalent of one new 1.5-gigawatt nuclear plant every day for the next 30 years.

...According to a U.S. government site, it takes about three million solar panels to produce one gigawatt of energy, which means that by 2050 the world will need 3,000,000 X 11,865 solar panels to offset fossil fuels. The wind alternative would require about 430 new wind turbines each of the 11,865 days leading to 2050..."

Wednesday, June 19, 2019

Climate Emergency One Day, Pipeline Approval the Next...Another Day in the Liberal Tightrope Circus Act

After MP McKenna announced that $50 Billion (with a B) had already been spent on"investing in clean transition", what will happen with this taxpayer funded/government owned pipeline?  Latest numbers from Trudeau are that it will spin $500 million annually (accounting profit? actual cash flow? neither was mentioned nor clarified), then this would equate to approximately 35 to 40 years breakeven (again, not known if after capital or before capital) on the $4.5 Billion acquisition plus the $9.5 Billion construction cost.  But, wait! Did you think those proceeds were going to back to taxpayers?.....

"..In addition, he said the government intended to use the profits derived from the project to fund renewable energy in Canada. “We’ve decided that every dollar the federal government earns from this project will be invested in the clean energy transition,” Trudeau said..."

https://business.financialpost.com/commodities/oilpatch-cheers-re-approval-of-trans-mountain-expansion-but-worries-about-further-delays


Don't Forget Trudeau's Company He Has Kept Come October 2019 Election

CBC News: Criminal charges stayed against controversial figure Jaspal Atwal. https://www.cbc.ca/news/canada/british-columbia/criminal-charges-stayed-against-controversial-figure-jaspal-atwal-1.5178717

Time Running Out for Legislation Approvals: Could Justin Use This To Continue to Play Both Hero and Finger Pointer?

CTV News: Last-minute push: A guide to the government bills left to pass this Parliament. https://www.ctvnews.ca/politics/last-minute-push-the-government-bills-left-to-pass-this-parliament-1.4471667