Horrible Horgan

[wildmanyeah]

That what a lot of people are doing borrowing on their increased equity that they currently have the ability to pay the loan(debt) but that quickly changes when interest rates rise. This is the mess that the Liberals doubling the debt will ultimately leave to the next generations.

Harper left a surplus and JT campaigned on more spending ( social programs). Christy left a surplus and Horgan campaign on more spending.

People don’t care about the budget when there getting a carrot dangled in frount of their face.

You can get more money for your kids or you can pay down government debt.

Regardless of your views on the government there’s nothing flashy about a government that’s chooses to pay down debt rather then put that money to work on social programs.

I very much doubt that will see JT balance budget at the end of his fist term he’s going to promis more spending and that he will balance it at the end of his second term.

 

[triplenickel]

Right now there's probably at least 2 dozen large single hulled cargo and container ships anchored up in front of Lions Gate and more at terminals inside. Each of them has thousands of tons of bunker C fuel oil onboard. Remember the response a couple years ago when +/- 3000l of fuel or contaminated bilge water leaked from that grain carrier? Bunker C is not an easy clean up, where's the outrage or even tiny peep of concern for what's going on right now? Is it OK as long as everyone has a full Wal-Mart? Is it only bad if it's a dedicated oil tanker? Corrigan, Moonbeam, anyone.......? Any one of the single hulled non tug escorted ships that are there now could foul miles of coastline yet I haven't heard a peep of protest. People love to focus on the increase in tanker traffic the expansion will bring, what they like to ignore is the overall increase in shipping traffic is less than 1%. How many boats per week, month, year whatever leave to service our coastal communities and Vancouver Island, why is that an acceptable risk? People with eyes wide shut.

Also a quick correction for something that's been posted incorrectly in this thread a couple times. The Liberals won the popular vote, the Province spoke and it didn't vote the NDP or Greens in, it was a back door sneak.

 

[california]

I very much doubt that will see JT balance budget at the end of his fist term he’s going to promis more spending and that he will balance it at the end of his second term.

Independent budget office estimates balanced federal budget in 2041 if current spending and revenue continues.
In BC Christy C. ran an operating surplus, not an overall surplus. BC govt seperated operating revenue and capital borrowing to hide real deficits. Now hogan is still borrowing, and has eliminated the operating surplus. BC debt will go up quickly now, it was under control and not growing as a % of the economy.

 

[Clint r]

Harper left a surplus and JT campaigned on more spending ( social programs). Christy left a surplus and Horgan campaign on more spending.

People don’t care about the budget when there getting a carrot dangled in frount of their face.

You can get more money for your kids or you can pay down government debt.

Regardless of your views on the government there’s nothing flashy about a government that’s chooses to pay down debt rather then put that money to work on social programs.

I very much doubt that will see JT balance budget at the end of his fist term he’s going to promis more spending and that he will balance it at the end of his second term.

Hmmmm.........


NEWS
Running on ‘Debt Free BC’ Slogan, Clark’s Liberals Added $10.85 Billion to Debt in Four Years
Still, party continues to claim high road on fiscal


In the four years since running on a “debt-free B.C.” slogan, Christy Clark’s BC Liberal government has added $10.85 billion to the province’s total debt.

And in the six years since Clark became premier, the government has added 30 per cent more to the province’s debt than the NDP did during 10 years in power during the 1990s.

Those facts have not, however, stopped Clark and the Liberals from claiming the high road on fiscal responsibility.

“Controlling spending is how we will balance the budget,” Clark told reporters after visiting government house in Victoria Tuesday to launch the election period. “It will allow us to pay off our operating debt so that we can invest in families, schools and hospitals, rather than investing in interest payments that we send to the banks.”

BC Hydro and ICBC.

That total debt figure has grown steadily, from $33.8 billion in 2001 when the BC Liberals came to power, to $45.2 billion in 2011 when Clark became premier, to $66.7 billion in the fiscal year that just ended.

The February budget projected the total provincial debt would keep rising to $77.7 billion by 2020.

Put another way, if Clark is re-elected, in nine years as premier she will have added $32.5 billion to the province’s total debt.

 

[SpringVelocity]

Exactly thanks Clint.

 

[Aces]

Harper left a surplus and JT campaigned on more spending ( social programs). Christy left a surplus and Horgan campaign on more spending.

People don’t care about the budget when there getting a carrot dangled in frount of their face.

You can get more money for your kids or you can pay down government debt.

Regardless of your views on the government there’s nothing flashy about a government that’s chooses to pay down debt rather then put that money to work on social programs.

I very much doubt that will see JT balance budget at the end of his fist term he’s going to promis more spending and that he will balance it at the end of his second term.

But Trudeau said the budget would balance itself!

 

[GLG]

I'm sure there is a lesson in here for us.....

How General Electric gambled on fossil fuel power, and lost
Feb. 21, 2018
NEW YORK (Reuters) - Last March, executives at General Electric Co’s power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power’s revenue and profit would rise.
Showing data from financial firm Lazard and other sources, their presentation said natural gas, coal and even some nuclear power plants were the lowest-cost producers of electricity on the planet, cheaper than wind or solar.

“Gas is the most economical energy source today,” one slide read. In the days following the conference, GE’s shares rose 2 percent.

But GE’s forecast turned out to be a mirage.

Rather than rising, GE Power’s profit fell 45 percent last year, forcing GE to slash its overall profit outlook and cut its dividend for only the second time since the Great Depression. Its shares have plunged more than 50 percent since the March forecast. Former CEO Jeff Immelt was replaced in August.
John Flannery, GE’s new chief executive, blamed the forecast, along with poor management and other factors, for the power business meltdown. In January, he warned the pain would continue this year “and potentially be worse than expected.”

What GE has not emphasized is that wind and solar now cost substantially less than gas and other conventional energy sources - and have for years, according to a widely respected energy cost report Lazard has published since 2008.

more:
https://www.reuters.com/article/us-...d-on-fossil-fuel-power-and-lost-idUSKCN1G60I3

 

[wildmanyeah]

I'm sure there is a lesson in here for us.....

How General Electric gambled on fossil fuel power, and lost
Feb. 21, 2018
NEW YORK (Reuters) - Last March, executives at General Electric Co’s power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power’s revenue and profit would rise.
Showing data from financial firm Lazard and other sources, their presentation said natural gas, coal and even some nuclear power plants were the lowest-cost producers of electricity on the planet, cheaper than wind or solar.

“Gas is the most economical energy source today,” one slide read. In the days following the conference, GE’s shares rose 2 percent.

But GE’s forecast turned out to be a mirage.

Rather than rising, GE Power’s profit fell 45 percent last year, forcing GE to slash its overall profit outlook and cut its dividend for only the second time since the Great Depression. Its shares have plunged more than 50 percent since the March forecast. Former CEO Jeff Immelt was replaced in August.
John Flannery, GE’s new chief executive, blamed the forecast, along with poor management and other factors, for the power business meltdown. In January, he warned the pain would continue this year “and potentially be worse than expected.”

What GE has not emphasized is that wind and solar now cost substantially less than gas and other conventional energy sources - and have for years, according to a widely respected energy cost report Lazard has published since 2008.

more:
https://www.reuters.com/article/us-...d-on-fossil-fuel-power-and-lost-idUSKCN1G60I3

" Older gas-fired plants often cannot compete with wind and solar, especially when governments provide subsidies, "

Don't worry Trump is putting an end to the subsidies and even making it harder.

Trump's Tariffs on Solar Mark Biggest Blow to Renewables Yet

https://www.bloomberg.com/news/arti...r-imports-in-biggest-blow-to-clean-energy-yet

 

[GLG]

LOL ... if you think so then now would be the time to put all your savings in GE stock. Place your bet there if you dare. Your young and can afford to gamble.

 

[seascene]

LOL ... if you think so then now would be the time to put all your savings in GE stock. Place your bet there if you dare. Your young and can afford to gamble.

..... seeking investors for IPO my idea of matching colour I Phone and O2 cannister survival pack

Oceans suffocating as huge dead zones quadruple since 1950, scientists warn
https://www.theguardian.com/environment/2018/jan/04/oceans-suffocating-dead-zones-oxygen-starved
(Me) “a man hears what he wants to hear and disregards the rest” Paul Simon.

.... ozone thinning (again) and destablizing atmosphere cited recently

 

[halimark]

Our soon to be carbon tax will stop any further destruction. More money for needles, druggies and MP pensions. People need to see other countries, they will immediately fully understand that anything us 40 million Canadians do means nothing on a world scale. Does fool most who have not been to China, India, and many many more, great income for those in power with more tax $$$$$$$$$$ to squander.

HM

 

[GLG]

Looks like Alberta has a plan to solve their problem.
70% bitume plus 30% condensate = dilbit that they ship in pipelines
Remove the condensate from the equation and you get 30% increase in pipeline export capacity.

 

[finaddict]

Our soon to be carbon tax will stop any further destruction. More money for needles, druggies and MP pensions. People need to see other countries, they will immediately fully understand that anything us 40 million Canadians do means nothing on a world scale. Does fool most who have not been to China, India, and many many more, great income for those in power with more tax $$$$$$$$$$ to squander.

HM

Bang on Halimark. I have been to China numerous times and have seen most of the East and central parts of the country. Want to REALLY reduce our carbon footprint? Reduce the world's population.

http://www.nature.com/news/2009/091118/full/news.2009.1096.html

https://www.biologicaldiversity.org/programs/population_and_sustainability/climate/

https://www.theguardian.com/environment/2017/jul/12/want-to-fight-climate-change-have-fewer-children

But no one wants to read that. It makes them uncomfortable to think about the impacts and ramifications.

 

[GLG]

Guess you fellas aren't good with responsibility nor commitments.
Whatever carry on .......

 

[wildmanyeah]

LOL ... if you think so then now would be the time to put all your savings in GE stock. Place your bet there if you dare. Your young and can afford to gamble.

I'm a little confused as why you don't want people to invest in one of the leaders of renewable energy?

"GE Renewable Energy recorded yet another strong quarter with $3 billion in orders and double the growth in its international onshore wind orders, according to figures pulled out of GE’s larger third-quarter earnings report published last week."

https://cleantechnica.com/2017/10/23/ge-renewable-energy-continues-strong-2017-growth/

https://www.gerenewableenergy.com/

 

[Clint r]

Bang on Halimark. I have been to China numerous times and have seen most of the East and central parts of the country. Want to REALLY reduce our carbon footprint? Reduce the world's population.

http://www.nature.com/news/2009/091118/full/news.2009.1096.html

https://www.biologicaldiversity.org/programs/population_and_sustainability/climate/

https://www.theguardian.com/environment/2017/jul/12/want-to-fight-climate-change-have-fewer-children

But no one wants to read that. It makes them uncomfortable to think about the impacts and ramifications.

I can get behind that. I’ve thought for years we need a good plague, asteroid impact or worldwide pandemic. We definately need to thin the herd.

 

[halimark]

I am not saying an extermination event is the answer, (would help but???). Educating, training and having other country's change their ways and attitudes may do more to reducing our footprint. When the plastic bottles are 1 ft think on the lake I wanted to fish, its a sign of bigger problems. Remember last years BC fires, imagine the normal all the time air like that because of the belching stacks down the road. Anyone seen the mines in Zimbabwe? How about environmental rules in the UAE. Who on here believes that our new carbon tax will be used to reduce carbon? Or maybe line the pockets of a few?

Just paid a $10 HAZMAT fee to fill my welding bottles, where does that go? Who supervises the cash flow? Me thinks those that believe those fees help have what we say "drank the coolaid".

HM

 

[wildmanyeah]

Company enviro fees, levy’s are nothing more then a fee used to collect more money for their general revenue. It’s also far easier to raise their environmental fees then the price of their products.

 

[Gunsmith]

Looks like Alberta has a plan to solve their problem.
70% bitume plus 30% condensate = dilbit that they ship in pipelines
Remove the condensate from the equation and you get 30% increase in pipeline export capacity.

This is what Syncrude has been doing for the past 40 yrs. At first it was considered a "White elephant". Some one saw the future.

 

[Gunsmith]

I am not saying an extermination event is the answer, (would help but???). Educating, training and having other country's change their ways and attitudes may do more to reducing our footprint. When the plastic bottles are 1 ft think on the lake I wanted to fish, its a sign of bigger problems. Remember last years BC fires, imagine the normal all the time air like that because of the belching stacks down the road. Anyone seen the mines in Zimbabwe? How about environmental rules in the UAE. Who on here believes that our new carbon tax will be used to reduce carbon? Or maybe line the pockets of a few?

Just paid a $10 HAZMAT fee to fill my welding bottles, where does that go? Who supervises the cash flow? Me thinks those that believe those fees help have what we say "drank the coolaid".

HM

Never have I seen proof the money went to what it was taxed for and never will. Not a cent of the "Carbon tax" will be allocated towards what they claim. Trudeau has already spent 60 billion of it.