Much is written about Tesla’s apparently vastly overvalued stock price. Most commentators are all over the company’s obvious shortcomings—and especially its consistent failure to produce either vehicles or earnings on target. Many commendators, including me, assess Tesla’s valuation as the…
Pipe dream at Moss Landing: another reason Ontario was smart to get out of the Western Climate Initiative
Moss Landing unit 7 was a California steam cycle electricity generator that ran on natural gas. Its nameplate capacity was 739 megawatts. That meant that its operator could have run it at or near capacity, i.e. at 739 MW, for…
e-bikes, energy conservation, and a missed made-in-Ontario opportunity for clean transpo
“Conservation First,” a mantra of the current Ontario government’s predecessor, was in that government’s hands little more than a vacuous new age slogan, which served a dual political purpose: virtue signalling to self-styled greens, i.e. “progressive” voters, for whom energy…
The business of green energy: Ford vs the banks (and NDP)
Almost immediately after the June 7 provincial general election, Ontario’s new government cancelled an array of so-called green energy projects. The one that has so far gotten the most attention was White Pines, a wind turbine development in Prince Edward…
The unintended consequences of green energy: or, why Oakville is in Napanee
As of around mid-August 2018, a former chief of staff of a former Ontario premier had spent four months in jail for his part in a fiasco known as the Gas Plant Scandal. This fiasco involved the politically motivated cancellation,…
Climate change ironies in Canada: choosing the devil’s excrement over God’s gift
Oh the ironies. The Canadian Federal Court ruling on the Trans Mountain pipeline Thursday last week is brimming with them. The current federal government won the election of 2015 in part because of its resounding promise of a major departure…