G8 nations to push nuclear energy
TOYAKO, JAPAN - Group of Eight leaders meeting in Japan will push for more nuclear power generation as a way to curb greenhouse gas emissions.
The Yomiuri Shimbun quoted anonymous sources saying the G8 nations will pressure China and India to satisfy a greater percentage of their electricity needs from nuclear power plants as a way to both reduce global warming and help battle the high price of oil.
The additional nuclear capabilities would come with strings attached, however. They would have to be accompanied by guarantees on the non-proliferation of nuclear technology, the safety of the nuclear facilities and regional security, the newspaper said.
Another item on the G8's energy agenda is the elimination of government oil subsidies.
Yomiuri Shimbun said emerging nations such as China, Indonesia and Malaysia frequently subsidize their oil refinery operations, encouraging consumption through artificially low gasoline prices.
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VICTORIA - B.C. Hydro misled the province’s independent regulator about an expensive technology program, thereby avoiding scrutiny on how it spent millions of dollars in public money, according to a report by the B.C. Utilities Commission.
The Crown power corporation gave inaccurate testimony to regulators about the software it had chosen, called SAP, for an information technology project that has cost $197 million, said the report.
“The way the SAP decision was made prevented its appropriate scrutiny by B.C. Hydro’s board of directors and the BCUC,” the commission found.
“B.C. Hydro’s CEO and CFO and its (audit and risk management board committee) members…
