Monday, January 14, 2019

Canadian Takeover Of Avista Energy Blocked

Again, John Birch Society members did their homework.

Get this:

It added: “If approved, Avista would be fully owned by a foreign company which is controlled by the Province of Ontario holding 41% of its shares and maintains control over Hydro One. Hydro One operates under Canadian law and is governed by the Green Energy Act and other energy policies.”
Those policies were put in place when the late billionaire oil man Maurice Strong was head of Ontario Hydro in the mid-1990s. (Ontario Hydro was broken into five separate businesses, including Hydro One, in 1999.) Who but well-informed citizens would even know or care about Maurice Strong? Strong was influential in making global-warming alarmism public policy — he was popularly known as the “godfather” of the United Nation’s 1997 Kyoto Treaty. Those activist citizens in the Pacific Northwest saw this and realized what was really at stake. Following Hydro One’s support of its green mandate, the company was likely to take Avista hostage and imprint its green agenda onto its nearly 700,000 customers.
The Avista Customer Group explained what happened when Hydro One fastened its green agenda onto its Canadian customers:
Because of their green energy policies Hydro One customers have experienced severe rate increases, to the point of having their electricity shut off due to [their] inability to pay. Hydro One’s rates are currently more than three times the Avista rates at 28 cents per kWh versus just 8 cents.
It is anticipated the same will happen to Avista customers should this merger be realized.… Avista customers would be at the mercy of a foreign government’s decisions.
The complaints to the UTC reflected this new information:
Avista rate is 8 cents and Hydro One is 28 cents, and Hydro One is always in the red!
What do you do when they change the rules and conditions? Then you’re in International Court;
It is vital to our national security and to the safety of the citizens of the United States that we not allow a foreign entity to take ownership of any part of our power grid [or] any public utility in America;
This sounds similar to the Uranium One sale to a Canadian [company] with Russian ties;
Canada is a socialistic government and owns 47-49% of Hydro One, so they could increase our rates … and we would be totally at their mercy.

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