Showing posts with label Stimulus. Show all posts
Showing posts with label Stimulus. Show all posts

Wednesday, October 21, 2009

Is This Cost Just Early Development?

I think Jeffrey Simpson makes some interesting points about the costs and estimated effectiveness of recently announced Carbon Capture/Sequestration projects.

We get, at best, a reduction in greenhouse-gas emissions of 2.1 million tonnes. “At best” because the announcements were tempered with hedging words such as “could” achieve and “up to one million tonnes.” Therefore, something less than 2.1 million tonnes might actually be captured.

Let's be generous and assume the two projects costing $1.6-billion do in fact bury 2.1 million tonnes of carbon dioxide, the most-prevalent gas contributing to global warming. Such a reduction would mean a per-tonne carbon-reduction cost of about $761 – staggeringly, wildly, mind-blowingly higher than any other conceivable measure designed to cut greenhouse-gas emissions. Want a contrast? Alberta has a piddling carbon tax on emissions over a certain level that companies can avoid by paying $15 a tonne into an technology fund.


Now, superficially, Simpson's argument makes a lot of rational sense - these are seemingly very expensive projects with minimal impact.

The question that I find myself musing about is whether this is simply the cost of developing a new technology. In the WWII era when the first computers were being developed for code cracking and other similar tasks, the computers did very limited work and cost huge amounts (especially on a per unit of work basis). Today I can walk into the local computer store and walk out with more computer power for a bit of pocket change than those hugely expensive specialty devices some six decades earlier.

So ... are we just seeing the baby steps of a new technology that will overwhelm us with its capability in a few decades, or is the technology a dead end - one which we are already so close to the practical limits of simply be some well known laws of physics and chemistry?

It's an interesting question to mull over - one which I certainly do not have the answers for. As taxpayers, we are ultimately the investors paying the freight for these projects. We should be paying close attention to the progress of these efforts, and insistent that there be measurable results - not just "smoke and mirrors".

Monday, October 19, 2009

Well... Perhaps That Explains The Weather

Someone at the Calgary Herald actually a story criticizing the HarperCon$:

The picture was of grinning Nova Scotia MP Gerald Keddy, handing a constituent an oversized cheque for a local ice rink, emblazoned with the Conservative Party logo. The giant prop cheque was even signed by the Nova Scotia MP, making it look like the $302,620 gift was courtesy of the Conservative Party, bankrolled by Keddy when in fact it was a federal stimulus grant.

This is an abuse of taxpayer dollars for partisan purposes and personal gain and raises concerns about how the program is being administered and if the government grants are being awarded disproportionately more to Conservative ridings.


... and points out:

As it is, the Conservative government is spending millions in public money blitzing the airwaves, spending five times as many dollars promoting its economic plan than raising public awareness about the flu pandemic.


Considering that this is Calgary - about the safest place in Canada for Harper, that's a stinging rebuke.

Tuesday, October 13, 2009

Wednesday, March 25, 2009

Did Ignatieff Cave?

... or is there a more coherent plan afoot?

Yesterday, the government was able to pass its emergency stimulus fund without the accountability provisions that the Liberals had been demanding.

On the surface, it appears as though Ignatieff has caved in here and backed down from what is a perfectly reasonable demand. Certainly one that any reasonable PM would have acceded to as a "political bargain"

If I was to step back for a minute from this and ask myself "why did the Liberals let this one go by?", I come up on a couple of reasons.

The first is purely tactical. Financially, the Liberals are not in great shape yet. Triggering an election when they are in a bad financial state could easily trigger exactly what Harper has been aiming to do for years - wipe them out. Harper has said on many occasions in the past that he wants to eliminate the opposition parties - especially the Liberals, and he's certainly made plays for this in the past.

The second reason is more strategic. If you are looking for a chink in the Conservative armor, it's Harper's hypocrisy on accountability. If the Liberals play this right, the HarperCon$ are apt as not to walk into a trap of their own making. The first pieces of that puzzle fell into place with the Budget amendments which the HarperCon$ agreed to. This is a second piece of that same tactic - demand that the government be accountable in fact, not just claim, to the House of Commons (and therefore the public at large) on another large spending bill. Harper has fought this accountability issue tooth and nail. There's lot's of room in there for casting doubt on Harper's motives during an election ... and all of it comes falling forth from Harper's own mouth.

Whether I'm right in this guess is hard to say ... I hope I am, it would be good for North America to shed the last of the NeoCons from positions of power.

Calgary-Shaw By-Election: Don't Get Too Confident

 First, congratulations to newly-elected MLA Kyle Campbell.  The win was decisive enough to not need a judicial recount, and to some degree ...