That’s right. The cost of
electricity has been falling. What has steadily been going up, and what shows up on my
and your hydro bill, is subsidies (‘corporate welfare’) paid to producers to
stay profitable. The producer then produce more electricity which lowers the
price of electricity and increases the subsidies.
For example, the private outfit that is about to destroy Bala Falls will also receive $100M in subsidies for the first 40 years to stay profitable.
For example, the private outfit that is about to destroy Bala Falls will also receive $100M in subsidies for the first 40 years to stay profitable.
Meanwhile, Ontario then
dumps the surplus electricity in New York and Michigan at a loss – i.e. below
the 2.25 cents.
Listen to this audio clip
from Hunters Bay Radio to get the details.
https://soundcloud.com/hunters-bay-radio/green-tapestry-alan-turnbull-january-29-2015-complete
[Just received my Ontario hydro bill for January - $421. The point is I'm not there, and my thermostat is set at 15C - or about 60F. Imagine what it would be if it was set for 72F!
I posted yesterday that the price of electricity has fallen by 46% in the past 7 years to 2.25-cents per kwh. So why is my hydro bill so high? Subsidies. Subsidies paid to the producers to meet guaranteed prices. These subsidies have risen by 1,215% over the same period.]
Save the Bala Falls!
Save Bala Falls! Click on the photo to sign the petition. |
The Bala falls is the one and only iconic heritage of the charming, historic town of Bala, Ontario. It has been used as a portage by Native voyagers on their way to Lake Couchiching and back, as well as fur traders, and explorers. Its significance lies in its connection to both the past and present, and once gone it cannot be replicated or replaced.
However, now the province of Ontario, together with a 'for-profit' outfit, is pushing through a plan to destroy Bala Falls as we know it. Why? For the purpose of making more money.
So how much is heritage worth? To a cynical, uncaring, avaricious government, apparently not much. But to the people of Bala it is priceless.
Even if you are not from the Bala or Muskoka areas, but have a concern for history, heritage, and the environment, sign on those principles. This is a wider issue than just one.
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