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Showing posts from January 28, 2017

The West’s Largest Coal Plant May Close. It’s a Big Deal.

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[I've passed by this factory; it is a weird sight in the middle of nowhere in the Southwest. "...low natural gas prices and the rising costs of generating electricity using coal make it too expensive to operate the plant." See also: Number of U.S. Coal Mines Falls to Lowest on Record and U.S. Coal Production Dropped to 30-Year Low in 2015. *RON*]

Bobby Magill, Climate Central, 27 January 2017
The largest coal-fired power plant in the West — one of the biggest climate polluters in the nation — could close later this year, a major symbolic blow to the future of coal as the backbone of America’s electric power grid.

Today's Trumpery

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Trudeau Tells Refugees: 'Canadians Will Welcome You'

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[Proud to be Canadian! *RON*]
Emma Paling, Huffington Post, 28 January 2017
Prime Minister Justin Trudeau has reaffirmed Canada's commitment to welcoming refugees amid U.S. President Donald Trump's immigration crackdown. 
Canada resettled about 39,000 refugees from Syria between December 2015 and December 2016.

Premier Christy Clark criticized for holding $5,000 a plate dinner

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[BC ELECTION 2017. More on the best government money can buy. See also: Trudeau government to tackle cash-for-access fundraisers with new law: source. *RON*]
Amy Judd, Global News, 27 January 2017

Critics are slamming Premier Christy Clark for holding a private fundraiser in Kelowna at $5,000 a plate. The event was held at Mission Hill Winery in West Kelowna.

Critics say the premier should be listening to all voters, not just those who can afford to pay for access. Some say the practice should be banned.

“When politicians are selling access to themselves for cash it’s like having a referee for a sports game taking money from one of the team’s players,” Duff Conacher from Democracy Watch told Global News. “Politicians are referees in the public’s interest so it’s very dangerous for them to be bought off behind closed doors by players on one of the teams.”

Amazon is now worth more than America's 8 largest retailers combined

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[The golden age for oligopolies. *RON*]

JP MangalindanYahoo Finance, 25 January 2017


Sometimes, the mighty fall. In the case of Amazon (AMZN), they simply grow even bigger and more formidable.

With a current market cap of $390 billion, the Seattle-based retail giant is now worth more than the top eight traditional brick-and-mortar retailers combined, as Credit Suisse analysts led by Eugene Klerk mentioned in a recent note.

B.C. Premier Christy Clark defends cash-for-access events

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[BC ELECTION 2017. Says, "After all, we stopped having people kneel and kiss my ring after the last election!" Plutocracy, BC style. *RON*]

Ian Bailey & Justine Hunter, Globe & Mail, 27 January 2017
B.C. Premier Christy Clark, facing sustained criticism over a lack of political-fundraising limits in the province, says her government is watching the “interesting” federal move to restrict cash-for-access events. But she made no commitment to change the controversial status quo in her province.
Ms. Clark addressed the issue on Friday in Kelowna, the day after she was at a $5,000-per-plate party fundraiser at Mission Hill Winery attended, according to the BC Liberals, by 12 contributing guests. Donors were whisked past the media and into the venue to avoid scrutiny.