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Originally Posted by Sheba
We tax the dead? Oh no next thing you know it'll be illegal to die!  |
Edited. Lol. And we do tax the dead through probate fees.
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Man, almost all of these ideas are bad, but cancelling site C? Seriously? Why stop there, why not dynamite the existing dams? After all, we won't need much power after people leave when you drive the province into bankruptcy cutting every tax in half...
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Site C is a large investment and that much power is not currently needed. I'd prefer a small facility to give us a margin for growth and once we anticipate needing more we can building another facility.
Geothermal seems very promising, it allows us to make a much smaller investment to get something built faster. Site C will likely be 9+ billion dollar project for 900MW. It will take about 5 years to build and occupy much of our workforce at a time we are building other large projects such as the Broadway extension, I honestly don't know where were going to get the workers from and I suspect wages will skyrocket costs (doing all these massive projects that require the same workers at once is insane!). A 100MW geothermal plant is about $400 million and will take us two years. Its a much smaller investment, thus less risk. Also we can scale up and build more geothermal plants when we need power instead of building a giant site C that current numbers predict we probably do not need as our power use isn't increasing. Geothermal is likely more reliable than a dam as well and is likely much better for the environment as it doesn't destroy a habitat or dam a river. I don't want to make accusations, but the main driver of Site C seems to be to funnel a huge amount of money to NDP backers that is paid for via a huge loan. I admit there's some personal preference here. I hate large projects, there unpredictable and high risk as your putting your eggs in one basket. A bunch of smaller, more manageable projects makes sense unless there are huge savings as projects scale. Right now it seems like there's more savings from building smaller geothermal plants.
https://www.cleanenergybc.org/about/clean-energy-sectors/geothermal
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The capital cost of a 100 MW generating plant and associated facilities is estimated at some $400 million, including expenditures on the initial resource confirmation program.
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