You are presumed to be honest and responsible without evidence to the contrary beyond a reasonable doubt… on the balance of probablilties you are justified by 51 % likelyhood.
A peace officer talks to a citizen.
File Photo KDG
November 1st-7th is crime prevention week. The most helpful thing a citizen can do to observe this week is to report crimes. Reporting will give you a leg up on civics and what is available to make safety a reality in your community.
The first way and the least intrusive is to call 911, the second is to call the listed non-Emergency number to the police, and the third is to report online. Online reporting only takes property crimes under $5000.00 and is less interactive.
The police are on alert this week for public interaction so this would be a good time to be aware and use your ability if indeed you are in that position. Good luck
Canada approved the Trans Mountain Expansion on June 18, 2019. The work is subject to 156 conditions that the regulator ensures are carried out. The most prodigious condition of construction is always the cleanup or reclamation.
The stated goal of this project’s reclamation efforts is to protect the environment, have a small impact on land, and return it to its original function if there were to be an impact.
Wetlands, Farm to be returned to function if disrupted.
Trans Mountain has committed to this in writing in the application conditions in the approval and in more generic terms in its newsletter and of course by doing it along the way. Some things are mitigated when the original value is degraded and the enjoyment of local life enhanced by mitigating a recreational or environmental legacy for communities.
There are many specifics in this month’s trans mountain today on plans and opportunities for the reclamation of the progressive and completed work.
These are us!
This is us, we own this as Canadians at this point, and the value of our citizenship is being communicated by the care and control of this endeavor. Let’s look at this as a legacy for the civility and attachment to successful completion and mitigation during a very challenging time in our life. Fortune follows the brave and while not viewed as heroic the fact that it goes through us, bisects our land, and curates our landscape with a common compliment, is indeed a legacy, we should brood. Because it was done right when other things were wrong. Done right in the way that patient progress passed the clamor of fears.
Marie Antoinette, said. “you take the cake” spoof
I was a queen, and you took away my crown; a wife, and you killed my husband; a mother, and you deprived me of my children. My blood alone remains: take it, but do not make me suffer long.
The TMX project is ongoing, and the existing line will be running at capacity for the month of October 2021.
Workers song:
Pipe for oil field File: Photo KDG
Seven percent apportionment (nominations for tariff on possible shipping), over capacity.
The volume of oil to run is at capacity, with 7 percent to be apportioned.
The energy sector around the world works on a monthly cycle. The Trans Mountain Pipeline is part of that cycle. Apportionment describes the amount of demand shippers place on the pipeline in excess of its available capacity. Here’s a step-by-step guide to the apportionment determination that’s carried out every month for the existing Trans Mountain Pipeline system.
TM today
Each month our shippers submit requests for how much petroleum (crude oil and refined products) they want to ship through the pipeline to service their customers. These requests are called ‘nominations’.
Based on shippers’ nominations, we then determine the ‘capacity’ available on the pipeline for the month. Determining pipeline capacity is complex. Capacity is affected by, among other things, the types of products that have been nominated, any pipeline system maintenance activities that will reduce flows that month and carry-over volumes that haven’t completed their transit of the pipeline by month’s end.
Based on available pipeline capacity and the volume of shipper nominations we received, we calculate apportionment using a method accepted by the Canada Energy Regulator and forming part of our tariff. A tariff includes the terms and conditions under which the service of a pipeline is offered or provided, including the tolls, the rules and regulations, and the practices relating to specific services.
If shipper nominations are less than pipeline capacity, the apportionment percentage to that destination is “zero” and all the product volumes nominated by shippers are accepted to be transported that month.
If shipper nominations exceed pipeline capacity, the apportionment is a percentage greater than zero.
Apportionment has been up to 40 percent…
The apportionment ( over capacity nominations) is sometimes up to 40 percent. This is a good indication that expansion is a good business plan.
1958 footage
The pipeline in use at this writing is the one that was built in 1958. The expansion project is building another line beside it.
There is almost double the amount of doses per 100 people in Canada as compared to the world’s 80.75. The number of 1st doses for the world is north of three and a half billion. This is taking pressure off the notion that there is an inequity in giving boosters to the vulnerable in the Canadian population.
Alberta September cases 15% of all cases since beginning of outbreak
Alberta reported 45,655 cases in September. The reason is purported to be because of unrestricted opening up that was to early and a large unvaccinated population.
Get vaccinated.
Now is the time for the resistant to be vaccinated. There is a lot of access including major grocery store pharmacies.
Large populations of young returning to school.
Six Hundred thousand children are returning to school in BC this fall and smaller doses of vaccine is on the cusp of being used for them. The amount world wide is a considerable part of the population and the undertaking would go better if the unvaccinated was not a complication.
Good luck as we hope for a return to normal living.
The Trans Mountain pipeline gained some more credibility with a Canadian electorate having the opportunity to discuss and decide on the platforms of political parties carbon plans, which included net zero by 2050.
The pipeline brings oil sand products to the coast and is squarely in the public interest in generating the revenue neutral income and incentives to bring down emissions by the registered UN convention of net zero by 2050.
Revenue neutral means that income to government must reduce tax’s or fees elsewhere. Most likely green incentives.
The 30% cap and trade on emissions has the potential to create capital in existing industrial entities, greener capital, and updated capital that may have a net zero effect on other industries as they produce into the GDP.
Leave it in the ground…
The leave it in the ground idea was some what muted by the discourse that produced a minority government on September 20th 2021. This released the great Canadian imperative, the potential for reasonable compromise amongst reasonable people as they pursue the constitution purpose for Canada; peace order and good government, always, and in particular during the 44th federal parliaments time.
Original asperations in 2013 video, outlining proposal.
We are not telling the reader anything that they have not had opportunity to hear. As they give leave to those they have elected to carry out the business of parliament to continue. We are not government by plebiscite but responsible government with the option to call for elections if confidence in that of a time of working on our behalf loses it shine. So let’s enter the rest of our own business for at least 2, 4 or 5 years.
On this Day: September 21st 1938
The Great Hurricane of 1938 strikes long island NY, killing upwards of 700.
Canada agreed to a goal of 30 percent reduction of Green house gases by 2030. This was at the Paris accord in 2015. the base line was 2005 emissions, to set reduction plans by.
2018 broad set PCF: Canadian frame work on clean growth and climate change; backstop jurisdiction:
The charge on fossil fuel 10 dollars increasing yearly to 50 dollars by 2022.
Out put based pricing on Industrial facilities same price as equivalent fossil fuel 10 x5 = 50 dollars a ton 2022.
Government of emissions reduction, update.
On July 12 2021, Johnathon Wilson, minister filed a report to the UN saying that the commitment for 2030’s emissions level in Canada is increased from 30 percent 40-45 percent by that same year.
15 dollars per ton increase for overage in carbon emissions…
To get to the 40-45 percent reduction the government registered a 15 dollar raise in carbon tax on both backstops.
Output based base line.
The base from which facility emission is calculated is 70 % of a “Production based national average of the intensity of emissions. This cap and trade leaves 30 % to tax and set as a goal to reduce so as to lessen tax.
Net zero by 2050
Canada passed laws to support net zero growth by 2050.
Editors note:
The UN has no jurisdiction to enforce any convention, however Canada has passed a number of laws to support its participation in this endeavor. The September 20th Canadian election is obviously a necessary seeking of a parliamentary mandate to support the goals of government including the trans mountain expansion.
The net income in the second quarter increased by 33.3 million to 63,1 million, over doubling from the second quarter last year. The quarter generated a 10 million dollar tax liability due to increased income.
Two consistent quarters
Net income for the six-month period ended June 30, 2021 increased by $59.4 million to $114.4 million, as compared to $55.0 million in the same period of the prior year. The increase is mainly due to the $81.3 million increase in equity AFUDC, due to spending on the Expansion Project, partially offset by the $19.3 million increase in income tax expense, due to higher pre-tax income, the $2.2 million increase in interest expense, and the $2.0 million decrease in Adjusted EBITDA.
TMX
EBITDA
A company’s earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced) is an accounting measure calculated using a company’s earnings, before interest expenses, taxes, depreciation, and amortization are subtracted, as a proxy for a company’s current operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow).
Two quarter increase due to customer funded equity.
Customer Income toward construction, is not moved to inventory or assets, and will eventually go to capitalization.
Who is the customer.
Trans Mountain moves oil by tariff, The 12 billion dollar (funding) cost of construction of the expansion should end up as capitalized expenses and will be written off against taxable income on a scaled annual basis and rate. Meaning that if it is ever sold the deprecated rate will be subject to recapture at a selling price that morally, should shadow fair market value or better, a profit for the Canadian taxpayer when they sell..
On this Day: August 7th 2021
The first post Afghanistan war, American purple heart day is observed.
Kevin Griffiths
percypaschal
The Proprietor Review 