Showing posts from September 1, 2017

Today's Trumpery


Noam Chomsky: Antifa Is a 'Major Gift' to the Right

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["What they do is often wrong in principle and generally self-destructive." Anti-Liberal, anti-Free Speech, more polarizing, and violent. I couldn't agree with Chomsky more whole-heartedly. There are nearly 800 comments on the original article; worth a fast skim. *RON*]
Maya OppenheimThe Independent / AlterNet, 31 August 2017

Noam Chomsky has criticised the anti-fascist movement and argued its actions are wrong in principle and it is a “major gift to the right”.

The eminent intellectual, who is described as the father of modern linguistics, argued the movement was self-destructive and constituted a tiny faction on the periphery of the left.

Antifa, shorthand for anti-fascist organisations, refers to a loose coalition of militant, decentralised, grassroots groups which are opposed to the far-right.

The movement, which was founded in Europe in the 1920s, has dominated headlines in the wake of a white supremacist rally in Charlottesvil…

B.C. Can't Have LNG And Hope To Hit Climate Targets, Too

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[Approved projects alone would produce 9.1 million tonnes per year by 2030, leaving less than 3 million tonnes per year for the rest of B.C.'s economy. The flip side to the Site C story. Will the corporatocracy continue to win under the NDP? *RON*]
Maximilian Kniewasser and Stephen Hui, Huffington Post, 31 August 2017

British Columbia's new government has shifted the province's messaging on liquefied natural gas (LNG). No longer is LNG being unrealistically promoted as a once-in-a-generation opportunity for job creation, the source of billions of dollars for a Prosperity Fund, and more than $1 trillion in economic activity. Nevertheless, despite the cancellation of the controversial Petronas-backed Pacific NorthWest LNG project, LNG development in B.C. remains a complex issue that will need to be tackled by the new provincial government.

This week, the Pembina Institute and the Pacific Institute for Climate Solutions published Liquefie…

Does the Site C dam make economic sense for BC?

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[Reviews the CCPA submission to the BC Utilities Commission on Site C, emphasizing Hydro's grossly exaggerated projections of energy demand and their lack of consideration of alternatives. *RON*]

Canadian Center for Policy Alternatives, 30 August 2017

Today CCPC-BC senior economist Marc Lee submitted an analysis to the BC Utilities Commission in response to their consultation on the economics of the Site C dam. You can read it here.

In short, the submission discussses how the economic case for Site C assumes that industrial demand for electricity—in particular for natural gas extraction and processing—will grow significantly. However, as Marc noted when Petronas decided to stand down on its Pacific Northwest project, liquefied natural gas (LNG) projects are based on some pretty abysmal economics, and most are unlikely to materialize.

BC Hydro has consistently overestimated future electricity demand—and, as my submission shows, they substantially…

Canada's economy bounces back with 'significant life' in Q2

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[An amazing growth spurt. The only down-side is that this makes another interest rate increase highly likely. *RON*]

Leah Schnurr, Reuters with files from BNN, Business News Network, 30 August 2017

OTTAWA - Canada's economy accelerated far more than expected in the second quarter, racking up the strongest pace of growth in nearly six years, as consumers continued to spend and energy exports rose, data from Statistics Canada showed on Thursday.

Gross domestic product grew at an annualized 4.5 per cent pace, handily topping forecasts for 3.7 per cent and making for the best rate since the third quarter of 2011. The first quarter was unchanged at 3.7 per cent.

“When was the last time you heard of a 4.5-per-cent print on any kind of growth? I mean, you’re looking at China,” said TD Deputy Chief Economist Derek Burleton in an interview with BNN. “Since the mid-part of last year the economy has come back with significant life and it’s been great to s…

L.A. City Council replaces Columbus Day with Indigenous Peoples Day on city calendar

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[From the Better Late Than Never Department. Italian Americans voiced 'anguish' over the proposal to rename the holiday. *RON*]
David Zahniser, LA Times, 31 August 2017

The Los Angeles City Council voted Wednesday to eliminate Columbus Day from the city calendar, siding with activists who view the explorer as a symbol of genocide for native peoples in North America and elsewhere.

Over the objections of Italian American civic groups, the council made the second Monday in October a day in L.A. to commemorate “indigenous, aboriginal and native people.” It replaces a holiday that served as a touchstone for Italian Americans, marking the arrival of Christopher Columbus in the Caribbean.

Italian Americans voiced anguish over the proposal, telling council members it would erase a portion of their heritage. Some said they supported the creation of Indigenous Peoples Day as long as it is held on a different date.

“On behalf of the Italian community, w…