To the seasons of life
A fellowship of history and wonder.
Railways are celebrated all around the world! Today is national railway day in Azerbaijan. You knew that!
The book Spy catcher survives UK government attempt to squash.
The TMX project is ongoing, and the existing line will be running at capacity for the month of October 2021.
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
The apportionment ( over capacity nominations) is sometimes up to 40 percent. This is a good indication that expansion is a good business plan.
The pipeline in use at this writing is the one that was built in 1958. The expansion project is building another line beside it.
Hugh Jackman, actor, born.
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.
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.
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.
To get to the 40-45 percent reduction the government registered a 15 dollar raise in carbon tax on both backstops.
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.
Canada passed laws to support net zero growth by 2050.
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 Battle of Homidon Hill, long bow success.
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.
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
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).
Customer Income toward construction, is not moved to inventory or assets, and will eventually go to capitalization.
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 August 19th 2021 TMX reiterated that the west alternate route is approved and 99.9 percent of the expansion is
approved at this writing.
The Commission also found there has been adequate consultation and accommodation with respect to potentially affected Indigenous peoples for the purpose of their decision on the variance application. The Commission gave significant weight to the fact that Coldwater, which is the Indigenous community located in the Coldwater Valley and closest to the West Alternative, indicated its support for the West Alternative as the superior route option through the Coldwater Valley. The Commission noted that in the West Alternative variance application, Trans Mountain included several letters from other Indigenous peoples in support of Coldwater’s position on the West Alternative.
Berwick on Tweed captured by English forces.
Epilogue
One wonders if these small power plants would serve us better then recycle for palstics and garbage when it comes to germs. The recent return of stored trash ( dirty trash ) makes one wonder about the way the world treats it self. The bugs just do what bugs do , infect.
You be the judge, every body is going to have to be smart .
Thats good for a while but…
The Royal Court of France is moved to Versailles by Louis the 15th.
The committee on climate action met on November 13th. This was their third meeting. The group included BC Hydro with an interest in advancing their step code.
FortisBC also presented its Clean Energy Vision, and highlighted the different low carbon pathways that could be taken to achieve provincial emission reduction targets.
The Committee reviewed and discussed Committee member submissions on key local government pathways for reducing emissions and for achieving a maximum 1.5 to 2 degrees Celsius global temperature rise. The submissions focused on buildings, transportation, energy systems, waste management, land use planning, natural assets, and carbon sequestration. Committee deliberations addressed both the barriers to successfully implementing these pathways, as well as the factors that would ensure their successful adoption. The Committee will continue to explore mitigation pathways and extend this to issues related to adaptation at its next meeting in December.
Not a good alternative unless for waste.
Peter gave the last of three talks on the energy needs of humankind and its ability to switch to alternatives in energy from fossil fuels. The pessimistic facts based talks dismissed many alternatives as political and we would use all fossil fuels with in the next few hundred years. He said carbon, phosphorous , ammonia etc is an crucial element to life on earth as fertilizer as well as energy. They are needed to support populations. ” In 80 million years the earth will be a dead planet with all its carbon locked up in limestone.” No reasonable escape to Space”
Peter estimated that if world followed Japans example of a population of 30 percent old people then crisis would be managed better. Material prosperity is also having a positive impact on smaller families in many countries.
The first American auto race.
Work on the marine terminal and route expected to restart as plans develop.
Over the coming months Trans Mountain expects it will receive clearance of all other outstanding regulatory approvals and permits for the remaining construction areas. The timelines for approval of all outstanding regulatory matters could have an impact on Project costs, schedules and final in-service dates; however, if approvals are received as anticipated, the Trans Mountain Expansion Project will be in-service by mid-2022.
The expansion project by its prime contractors have hired 2200 workers, have received the first wave of permits and expect to have a plan to have the expansion in service by 2022.
“I am pleased to announce another significant milestone for the Trans Mountain Expansion Project with the commencement of construction activities and the issuance of the notice to some contractors to begin mobilizing equipment and crews in select areas in August and September 2019. With the first wave of regulatory approvals complete, we are confident that we have a path forward by which the Expansion Project construction can commence,” says Ian Anderson, President and CEO of Trans Mountain Corporation.
source Trans mountain today. August 21st 201
Editors note: in case you didn’t notice the expansion 30 day notice above was given in August work resumed, today there is a job fair including Trans Mountain at the Nicola Valley Institute of Technology.
NBC Radio starts its broadcasting.
The Trans Mountain bunch arte saying that construction may start again in September. Our dream is that it would be all done in 4 months no more trouble and our crossroad community would not be disturbed by a large workforce.
Speaking to CTV News Edmonton last week, Trans Mountain’s President and CEO, Ian Anderson, updated the current status of the Project, saying “We’ve got about a third of the pipe now stockpiled in locations between the Lower Mainland and Edmonton.” Hiring is also a priority, with the goal of hiring as many local and Indigenous workers as possible. “We’ll probably start out with somewhere in the 1,000 to 1,200 people, I would guess, growing to a peak of 5,000 or 6,000,” Anderson said.
Trans mountain
The EU single market copyright directive vote held back.
Art displayed on an art walk.
File Photo. KDG
The local art walk project is on its final weekend. The Arts Council and the Chamber as well as the City has endorsed the walk about town to see the local artists work. Passports are still available at the walk sponsored business locations including the Olde Court House Gallery 1840 Nicola avenue. The council says get your passport stamped to enter a draw for prizes.
Locations:
The walk goes to July 31st. Quality reasonable community event!
Watch the moon as an eclipse down under will color it red, Mars in opposition, partnered with Saturn for close approach to earth as well. Nasa live
Moon rising File photo KDG
On this Day : July 27th 1890
Vincent Van Gogh shoots himself.
Enterprising non profits seminar brought different groups to Merritt this week. File Photo KDG
New Gold and New Afton mines are sponsoring a weekend at the Kamloops Wildlife Park at Easter this year. Including rides on its scale train, chocolate egg hunt and Chris the Clown.
The mining company operates a mine 10 kilometers west of Kamloops, and is operating 5 mines around the world. It’s New Afton project is an underground caving operation.
The Easter event requires an admission. 9:30 -4PM daily, wildlife park members are free.
Meet and interact with the resident critters of Kamloops Wildlife Park. Since its opening in 1966, the small zoo has cared for and rehabilitated native British Columbian animals who are injured or orphaned. See more than 65 species of animals and birds that inhabit the wildlife park, including predatory birds, cougars, deer, moose, grizzlies, and the elusive Kermode bear. Take a guided tour to learn interesting trivia about the wildlife and hear stories about the zoo’s residents. Quickly create a custom-made using our trip planner.
Source KWP Kamloops Wildlife Park
The BC mining industry has a long history of support for family and community events and facilities.
Voght street Office of a local mine getting benefit from new Hydro infrastructure. File Photo KDG
On this Day: March 13th 2003
The Journal Nature features 350 thousand year old footprints found in Italy.
Smart meter installed in trailer court
The provincial hydro utility is giving a challenge to conserve power. To take part join the power smart team, save 10percent on hydro over a year and you are eligible for a 50 dollar prize.
Looking to save money on your electricity bills? Become a member of Team Power Smart and challenge yourself to reduce your home’s electricity use by 10% in the next year. If you’re successful, you can earn a $50 reward.
Along the way, we’ll provide helpful advice, tips and success stories from other team members to keep you motivated.
You’ll also have the opportunity to enter exclusive contests for a great chance to win prizes like an LED lighting package, programmable thermostat, and gift cards.
The not for profit utility is always having conservation initiatives. And is required not to retain earning but deliver the efficiencies back to the rate payers by lower rates.
You will need an online account to participate.
On this Day: November 1st 1918
Western Ukraine becomes a separate country.
Hey Merit what do you say?
Kevin Griffiths
percypaschal
The Proprietor Review 