Taxpayers Will Subsidize Oil Pipelines
B. McPherson The following letter was passed on to me via email. If the figures are even remotely accurate, the BC taxpayers will be on the hook to subsidize the largely foreign owned oil companies in their efforts to export oil to Asia. So how does this work? Give the oil transport corporations like Enbridge and KinderMorgan a low rate for the electricity needed to keep the oil and bitumen warm enough to flow. In the meantime, charge increasing rates to homeowners for their needs. Then tell the public we're short of electricity and dam yet another river valley and increase taxes to pay for it. Joe and Jane Shmuck get to have a scar carved through the Great Bear Rainforest, risk extinction of the endangered woodland caribou, gamble with the jobs and health of the environment of the coastline and still get to pay for the privilege of having foreign corporations reap massive profits. Sounds like big business to me. Pipeline Will Suck Up Hydro Power ...