Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Steve Saretsky

πŸ‘€ Speaker
2032 total appearances

Appearances Over Time

Podcast Appearances

The Loonie Hour
The Canadian Economy Slips into Recession

Uh,

The Loonie Hour
The Canadian Economy Slips into Recession

so there you go um so they're now which is interesting is they are currently bc hydro is currently bound by regulations to phase out all fossil fuel power plants by 2030 sorry what that's four years from now what anyways i mean is that real yeah i'm dead serious yeah yeah so i but this is the challenge right like rich like

The Loonie Hour
The Canadian Economy Slips into Recession

like economic reality or math is basically just colliding with ideology.

The Loonie Hour
The Canadian Economy Slips into Recession

Who do you think is going to win?

The Loonie Hour
The Canadian Economy Slips into Recession

Like literally, they're telling you.

The Loonie Hour
The Canadian Economy Slips into Recession

That's what I go with.

The Loonie Hour
The Canadian Economy Slips into Recession

I don't know.

The Loonie Hour
The Canadian Economy Slips into Recession

Anyways, I know like we have listeners that are like in Saskatoon or, you know, Red Deer, Alberta that probably don't care.

The Loonie Hour
The Canadian Economy Slips into Recession

But I think it's just really just proves like some of the ideology that drives like or has been driving the decision making in this country.

The Loonie Hour
The Canadian Economy Slips into Recession

Obviously, the Trudeau era was emblematic of that.

The Loonie Hour
The Canadian Economy Slips into Recession

But yeah, I think the EB thing in BC, he's all over that.

The Loonie Hour
The Canadian Economy Slips into Recession

He just loves it.

The Loonie Hour
The Canadian Economy Slips into Recession

And just, yeah, again, to see that we can export all of this LNG across the world, and we have this massive natural gas reserves here in British Columbia, but you can't use it to power your home.

The Loonie Hour
The Canadian Economy Slips into Recession

Meanwhile, like...

The Loonie Hour
The Canadian Economy Slips into Recession

The BC Hydro is short, desperately short of power, and it's going to get worse.

The Loonie Hour
The Canadian Economy Slips into Recession

Anyways, just found that.

The Loonie Hour
The Canadian Economy Slips into Recession

So just to give you an example, one way that they could, like, alleviate some of the pressures on the electric grid or the power consumption from BC Hydro is, like, would they basically force, like, new LNG expansions, for example?

The Loonie Hour
The Canadian Economy Slips into Recession

They have to, like, electrify.

The Loonie Hour
The Canadian Economy Slips into Recession

So even though you have, like, that baseload energy there, they force them to basically get to...

The Loonie Hour
The Canadian Economy Slips into Recession

to like a environmental standard, like a net zero effectively to get on the electrical grid.