The Long and Winding Road: The Privatization of BC Hydro
Published by Patrick July 10th, 2008 in Political Action Tags: bc-liberals.Vander Zalm saw the light - Will Gordon Campbell?
If you boycotted EXPO 86 and rallied against Bill Vander Zalm (long before his “I love public power” road-to-Damascus conversion), then you may be old enough to remember the Socred government’s massive privatization program with public utilities and crown corporations at the top of the list.
But for the younger set among us, a bit of history.
In 1987, a how-to of sorts on privatizing BC Hydro was developed by the up-and-coming private sector champion, David Emerson. Emerson’s report identified likely “candidates” for privatization. Included in the list were the now-sold Rail and Gas Divisions (BC Rail and Terasen Gas), and Crown assets pegged as “extremely controversial”, such as the Hydro-electrical Group.
In the end, the Zalm’s zealot-like approach did little to win public support.
Flash to 2001 and as the Beatles’ famous song says: “I’ve seen that road before”.
At the dawn of the new millennium the BC Liberals came to power armed with a militant view of “private is good” and a more subtle, yet devious, privatization plan. The plan, as recent news indicates, was a big win for Liberal “bag-man” and Accenture-hired lobbyist, Pat Kinsella.
Couching public private partnerships as a way of minimizing costs to government and spreading the risk to the private sector, less than six-months into their mandate the Campbell government issued its formal intention to privatize one-third of BC Hydro.
By early 2004, one-third of BC Hydro was given to outsourcing giant Accenture—of Enron fame—and the legislation was introduced to make it easier to sell off Hydro’s assets.
Today, the once proud public utility has lost responsibility for transmission, and is forbidden by government policy from adding any new publicly owned domestic resources to generate electricity.
BC Hydro or GE - What’s your choice?
Private power companies financed by the likes of GE, are the new sources of electricity in BC and the sweetheart deals are enough to make even hard-core business interests blush.
As the union representing workers at BC Hydro and its privatized arm, Accenture, we have worked hard to put up roadblocks on the long and winding road to privatization, and are determined to Take Back the Power.
We oppose the privatization of BC Hydro resources (our power, water and jobs) for many of the same reasons all of you do:
- It does damage to those members and their families who are directly affected
- It does damage to BC Hydro - in which we are stakeholders along with all other taxpayers
- And as everyone can plainly see, privatization is doing severe damage to the environment of BC, our common heritage
We support a new legacy for BC Hydro’a Sustainable Energy Plan that puts an end to back room deals and puts the public back in the drivers seat, in charge of our future and our resources.
The BC Liberal government is selling BC’s rivers and our legacy to private power interests.