Can we not just admit BPL can never be fixed in public hands and the interests of the people would be far better served with BPL sold to private hands? The Bahamas is much better placed to do regulation of the power rates (fuel cost + legislated profit margin to stop any gouging) than it is actually running a power company there is now decades of history and gaffes and missteps and financial and other disasters to attest to this.
BPL in public hands only serves a narrow set of interests.
Selling off BPL would raise a lot of money and lower the government's expense on electricity, as a private provider could provide power much cheaper, see for example much lower power rates in the Cayman Islands with a private power provider.
Anyone who knows anything about reefs could tell you the reefs at Lighthouse Beach will be all but destroyed in 1-2 years once Disney begins full operations. Disney should save itself the money, as you don't need any specialists to watch over a reef that is no longer alive for all intents and purposes.
Getting rid of cruise ships that move 3,000 people around on the seas that belch pollution and burn enormous amounts of cheap oil I would suggest is the highest return form of action on climate Caribbean leaders can take. There is no "green" energy that can ever power the current fleet of cruise ships and the model only works on low margins with mass numbers, thwarting any green shift.
Amazing to me with ever rising national debt numbers, no one ever questions the logic that perhaps more cruise passengers spending very little per person is in fact working against the Bahamas building more wealth. Like no one ever considers too seriously the notion that the cruise industry as distinct from the hotel industry exists in a place where the more it gets ahead the more the Bahamas actually slips.
Some good news. Now if we could only just kick out the cruise ships hotel visits would surge even more an we'd likely get a whole new set of new hotel chains setting up shop.
Maybe someone can explain it to me. High prices, blackouts, the need for constant bailouts, failed attempts at reform (Eg. PowerSecure). Why again do people support keeping BPL publicly owned? Surely privitization to a reliable and proven provider with public commission mandated rate structures is better non?
Why would anyone invest in stop over tourism if the low margin cruise industry can always produce a product at the lowest cost? There can be no growth to stop over tourism so long as the low margin cruise industry is allowed to grow in the Bahamas. It is/was a strategic error to have ever allow the cruise industry into the Bahamas. If bigger ships took us to the practical need for IMF bailout, I'm amazed anyone still things the cruise industry is good for the Bahamas.
concerned799 says...
With Jamaica banning new fossil fuel plants why are we still talking about making the climate crisis worse?
On Oban revival dismissed despite $2.5bn plans
Posted 23 March 2023, 12:57 a.m. Suggest removal
concerned799 says...
Can we not just admit BPL can never be fixed in public hands and the interests of the people would be far better served with BPL sold to private hands? The Bahamas is much better placed to do regulation of the power rates (fuel cost + legislated profit margin to stop any gouging) than it is actually running a power company there is now decades of history and gaffes and missteps and financial and other disasters to attest to this.
BPL in public hands only serves a narrow set of interests.
On BPL’s power plant deal, $535m funding ‘on hold’
Posted 26 August 2022, 1:27 p.m. Suggest removal
concerned799 says...
Selling off BPL would raise a lot of money and lower the government's expense on electricity, as a private provider could provide power much cheaper, see for example much lower power rates in the Cayman Islands with a private power provider.
On Gov’t promises to ‘end fiscal insanity’
Posted 23 August 2022, 10:11 p.m. Suggest removal
concerned799 says...
Anyone who knows anything about reefs could tell you the reefs at Lighthouse Beach will be all but destroyed in 1-2 years once Disney begins full operations. Disney should save itself the money, as you don't need any specialists to watch over a reef that is no longer alive for all intents and purposes.
On Environment specialists sign up to roles at Lighthouse Point
Posted 18 August 2022, 9:19 p.m. Suggest removal
concerned799 says...
Getting rid of cruise ships that move 3,000 people around on the seas that belch pollution and burn enormous amounts of cheap oil I would suggest is the highest return form of action on climate Caribbean leaders can take. There is no "green" energy that can ever power the current fleet of cruise ships and the model only works on low margins with mass numbers, thwarting any green shift.
On ‘WE MUST UNITE IN CLIMATE FIGHT’: PM calls on leaders across Caribbean to take action
Posted 18 August 2022, 1:55 a.m. Suggest removal
concerned799 says...
Amazing to me with ever rising national debt numbers, no one ever questions the logic that perhaps more cruise passengers spending very little per person is in fact working against the Bahamas building more wealth. Like no one ever considers too seriously the notion that the cruise industry as distinct from the hotel industry exists in a place where the more it gets ahead the more the Bahamas actually slips.
On Carnival to begin dredging within 90 days for mega cruise port in East Grand Bahama
Posted 2 August 2022, 1:48 p.m. Suggest removal
concerned799 says...
Would be a great time to pay down debt and save up for a natural disasters fund....... But I seem to hear crickets on this.
On Bahamas ‘riding the bet’ over tourism demand
Posted 29 July 2022, 1:31 a.m. Suggest removal
concerned799 says...
Some good news. Now if we could only just kick out the cruise ships hotel visits would surge even more an we'd likely get a whole new set of new hotel chains setting up shop.
On Nassau hotel demand jumps 27% in Florida
Posted 17 July 2022, 10:54 p.m. Suggest removal
concerned799 says...
Maybe someone can explain it to me. High prices, blackouts, the need for constant bailouts, failed attempts at reform (Eg. PowerSecure). Why again do people support keeping BPL publicly owned? Surely privitization to a reliable and proven provider with public commission mandated rate structures is better non?
On BPL EXAMINING PRICE INCREASE: CEO insists power will be kept on but bills may have to rise
Posted 21 June 2022, 1:14 p.m. Suggest removal
concerned799 says...
Why would anyone invest in stop over tourism if the low margin cruise industry can always produce a product at the lowest cost? There can be no growth to stop over tourism so long as the low margin cruise industry is allowed to grow in the Bahamas. It is/was a strategic error to have ever allow the cruise industry into the Bahamas. If bigger ships took us to the practical need for IMF bailout, I'm amazed anyone still things the cruise industry is good for the Bahamas.
On DPM aims to ‘double’ stopovers in 3 years
Posted 17 June 2022, 2:02 a.m. Suggest removal