Stories tagged with "subprime lending"
The Round-Up: March 2nd 2007
Posted by Stoneleigh on March 2, 2007 - 11:03am in The Oil Drum: Canada
Topic: Site news
Tags: carbon tax, climate change, diesel, fuel shortage, la nina, oil sands, subprime lending, tilma, transportation [list all tags]
Shortage of diesel fuel now 'critical'
Two major fuel suppliers are sounding the alarm for Ontario's trucking industry amid "critical" shortages of diesel fuel in the province.
The fuel shortage, which has seen motorists inconvenienced for more than a week as gas pumps intermittently run dry, has forced Ultramar to suspend diesel deliveries to four Toronto-area service centres and three other Ontario cities - Hamilton, Cambridge and London.
"These sites will remain open only while the product currently in the storage tanks lasts," Ultramar said Thursday in a notice to customers....
...."The last thing you want to have is a situation where your gas stations may be closed but, worse, our truckers cannot get the product from A to B," he said.
McTeague said the Energy Supplies Emergency Act allows the federal government to take action if shortages cause social or economic problems.
The Round-Up: January 18th 2007
Posted by Stoneleigh on January 18, 2007 - 2:47pm in The Oil Drum: Canada
Topic: Site news
Tags: electrified rail, environment, housing market, lng, mining, natural gas, oil, subprime lending [list all tags]
Ottawa Transit Derailed: An Interview with Clive Doucet
Residential, commecial and road builders have made and contine to make billions of dollars from this model. In fact, the principal industry in North America has been the construction of mall-sprawl suburbs. So the long and short of it is there are enormous vested interests in continuing the urban growth model exactly as it has been undertaken now for more than fifty years.
'New ideas' like electric light rail create entirely different kinds of growth patterns. They are more pedestrian oriented, consume less land and require a more diverse and complex building pattern. The developer just can't rip off the top soil from the farmer's field and then lay out his suburban grids which has the fewest construction costs and largest profits. Electric light rail changes all this.
Another reason why it is so difficult to make happen is that the initial costs are not incremental. Our council increases the city's road network by 100 kilometers a year and spends $600 million total on roads just for repair and expansion, but it's always increased incrementally. Each road expansion or reconstruction can cost anywhere from $5 million to $100 million. There are so many of them that they become part of the background financial noise of the city.
In contrast, a public transit project like light rail requires a more difficult, more complex environmental assessment than a road environmental assessment, requires more initial funding than a road project, and can't serve everyone all the time everywhere - unlike roads, which are perceived as a universal service when in fact they are no more than public transit is. There are many roads in Ottawa I've never driven on and never will.
The final large reason is that there is no federal or provincial funding programs for public transit systems. Canada is the only G-8 country that has no ongoing federal or provincial urban transit funding. Ottawa suffered through all of these limitations, fought for and got $400 million in special project funding from the federal government and the province ($200 million each); fought through the environmental assessments, project definition, and so on.
But unlike every other Canadian city, Ottawa had a senior federal minister deliberately interfering to make sure the project never happened for partisan political ambitions.
The Round-Up: December 15th 2006
Posted by Stoneleigh on December 15, 2006 - 7:15am in The Oil Drum: Canada
Topic: Site news
Tags: global warming, housing bubble, hydro power, income trusts, photovoltaic insolation maps, refinery fire, solar power, subprime lending [list all tags]
https://glfc.cfsnet.nfis.org/mapserver/pv/index_e.php
This link would not autoformat, but it does work if you past it into a browser.
Interactive maps of photovoltaic (PV) potential and insolation for Canada have been developed by the Canadian Forest Service (Great Lakes Forestry Centre) in collaboration with the CANMET Energy Technology Centre (CANMET-Varennes) Photovoltaic systems group. Insolation data was provided by the Data Analysis and Archive Division, Meteorological Service of Canada, Environment Canada. The maps give estimates of the electricity that can be generated by grid-connected photovoltaic arrays without batteries (in kWh/kW) and of the mean daily global insolation (in MJ/m2 and in kWh/m2) for any location in Canada on a 300 arc seconds ~10 km grid. They are presented for each month and for the entire year, for six different PV array orientations: a sun-tracking orientation and five fixed South-facing orientations with latitude, vertical (90°), horizontal (0°) and latitude ± 15° tilts (see figure). Data can be obtained at any grid location by "querying" the maps.

k Nation (Jim Kunstler)


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