The price of North American natural gas has been ridiculously low since before the recession of 2008. In that time, the fossil component of the Ontario electricity supply essentially shifted from coal-fired power generation to gas-fired. The provincial grid still supplied mostly with nuclear, but the fossil supply is now mostly gas. As I...
Ontario
Obama and Keystone: is McGuinty playbook out the window?
In late January, the U.S. president halted progress on the Keystone XL pipeline, which will—when it is finally built—bring Alberta syncrude from Oklahoma to the Texas gulf coast. The pipeline currently runs from the Alberta oilsands to Oklahoma. I speculated at the time that Obama had torn a page out of Ontario premier Dalton...
High quality job creation in Ontario: here’s how they’re solving the problem in the U.S.
Yesterday the U.S. Nuclear Regulatory Commission announced it will approve a construction and operating license for two Westinghouse AP1000 reactors at The Southern Company’s Vogtle generating plant. This will be the first new U.S. nuclear project in more than three decades. It will create around 25,000 direct and indirect jobs. A couple years ago,...
Keystone K Street calculation: Obama tears page from McGuinty’s playbook
For political reasons, the U.S. president has put the kibosh on TransCanada’s plan to extend the Keystone pipeline from Cushing Oklahoma to Houston. That project would have immediately created 6,500 high-paid, high-skilled construction jobs, along with thousands more spinofff jobs. The employment situation in the U.S. has been persistently bad through Obama’s presidency, and...
Nuclear progress in Canada: like the western pipelines, it’s all about real property rights
If your energy strategy involves somebody else’s real property, don’t be surprised if that somebody’s legal property rights trump your energy strategy. CBC Radio’s The Current recently published a very interesting interview with the Canadian federal natural resources minister, who during the interview gives a pretty well-explained account of the government’s support of the...
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