Parker Gallant is a retired banker in Ontario, and he’s become very interested in how his power bills keep going up. While he has no experience in the power sector, he obviously knows how to read financial statements and what questions to ask. The National Post has published a series of articles where Gallant relates what he has found, and what he has found is just a mess.
How does this affect my main topic of wind turbines? It doesn’t directly, but wind turbines seem attractive only to those people who don’t know much about them, or have a financial interest in them. This lack of competence, combined with carelessness, mixed in with avarice, is the same cocktail that Gallant exposes in his series. While this series is particular to Ontario the same symptoms are appearing throughout the U.S., as they appeared earlier throughout Europe.
Below are links to the articles in the archives of the National Post, in chronological order. I also have links to backup copies below. The links to the archives will allow you to check out the comments, some of which are interesting too.
April 2010 – Gallant has branched out and there’s a link to a radio program and a backup copy.
May 2010 – Gallant has branched out some more and now has several articles in the Financial Post.
June 16, 2010 – he’s written a letter to the OEB about the OSEA. More details.
August 2010 – he continues to be busy, added are 5 more articles printed in the Financial Post over the last 4 months.
Original links, these are all well worth your time.
The National Post links have all died. Shame on them.
CHRA Gallant Interview, April 16, 2010 (10 minutes, 9 mb)
Still Stranded, May 11, 2010
The 20% Hydro Grab, May 11, 2010
Big Becky Still Busted, May 25, 2010
Is This Smart?, July 6, 2010
Wind In Your Sails, July 28, 2010
Solar See Saw, August 16, 2010
Power Without the People, August 17, 2010
Prices Up, Profits Down, August 26, 2010
Backup copies, in case the links above go dead.
Ontario Power Risk, February 24, 2010
Ontario’s Power Trip: Big Becky Goes Bust, March 4, 2010
Ontario’s Power Trip: Beckygate – Ontario tax dollars go down the big drain, April 14, 2010
Ontario’s Power Trip: Priced Out of the Market, April 14, 2010
Ontario’s Power Trip: A Megaplex of Costs, April 14, 2010
CHRA Gallant Interview, April 16, 2010
Still Stranded, May 11, 2010
The 20% Hydro Grab, May 11, 2010
Big Becky Still Busted, May 25, 2010
Is This Smart?, July 6, 2010
Wind In Your Sails, July 28, 2010
Solar See Saw, August 16, 2010
Power Without the People, August 17, 2010
Prices Up, Profits Down, August 26, 2010