Monday, May 12, 2008

Power to the people

I've dealt with a few of the obvious pitfalls of tying Saskatchewan's future to private nuclear power in a couple of previous posts. But since it can never hurt to look at the effects of similar policy choices elsewhere, let's see what Rafe Mair has to say about the effects of privatized power generation in B.C.:
The Campbell government is issuing water licenses for privately owned power plants on rivers and streams all over B.C., creating power. BC Hydro is compelled by the Campbell government to buy this power at a price that will bring enormous profits for the private producers.

Before the Campbell government took over, BC Hydro, a Crown corporation, produced and distributed 90 per cent of our power requirements, giving B.C. homeowners and industries the lowest power costs in North America.

When BC Hydro made money it went to the government as dividends providing money for schools, hospitals and the like. Under the Campbell government plan, we will pay amongst the highest costs in North America and all the profits will go to shareholders, most of whom don't even live here. Not only is this a license to print money, but the rivers and streams will be badly abused, fish will be at great risk, roads will be built and transmission lines erected and the wilderness will no longer be a wilderness.

These private companies aren't competing in the market place -- they are private monopolies on the dole, big time, from taxpayers' money.
While the type of power generation rumoured for Saskatchewan may be different, the likely results would be substantially the same: less accountability for how power is generated, less Crown revenue streams to fund the province's social priorities, and inflated prices to the government's industry cronies borne by the province as a whole. Which can only add Saskatchewan residents concerned about any of those issues to the list of citizens with strong reasons to oppose any private intrusion onto SaskPower's territory.

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