Steve Saretsky

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There was an interesting article that was, remember we talked about it a couple weeks ago on the pod?

This has been near and dear to my heart because I've been talking about this on the podcast for like three or four years now.

But we're kind of like joking, talking about the city of Vancouver and how they were, you know, there was this ban on natural gas in your home heating.

And so basically, you know, the mayor and the councillors are trying to vote to repeal it and saying, hey, listen, you know, let's give people options if they want to, you know, have an electric heat pump, electric hot water tank, electric this.

But let's also give them the option to have like a gas furnace or, you know, gas hot water tank, for example.

And the B.C.

government was coming out and saying, no, no, no, stop the madness, you know, like whatever.

don't roll back and then there's people protesting at city hall against like fossil fuels and anyways just kind of like the whole thing of like everything that's kind of wrong with this country um and so i i found it hilarious that there was an article out this week that bc hydro is quietly seeking gas contracts as power shortage looms so remember

We talked about that BC Hydro has been in a net deficit for the last three or four years.

They've basically been importing power, electricity, effectively, from the United States, much of which that power has been derived from

states in the united states that drive from coal so their power comes from coal so basically bc hydro is effectively importing coal coal power to power your electric grid uh and so yeah basically i i found it rather ironic that this week we were learning that

The government, facing an electricity shortfall, BC Hydro is seeking to extend contracts with two major natural gas plants, a policy reversal that challenges one of the province's core climate goals.

In a May 28 submission to the BC Utilities Commission...

They're seeking approval to pursue new agreements with two gas power plants, basically saying that electricity demand is expected to skyrocket with the rise of data centers, electric vehicles, economic growth, and large industrial customers.

like mines and gas export terminals.

BC is now projected to face an electricity shortfall of 500 megawatts by 2030, enough power for 500,000 homes.

They say the risk of an energy shortage is quote significant.