If the government can not see the need nor the path to get off fossil fuels with no oil drilling and no LNG and one with a solar future for the Bahamas it should resign. And let it do so forthwith so we can chart a path to a Bahamas and plant which is still habitable.
Worst case scenario is a blow out well. It could take hundreds of millions to seal it and months of leaking oil fouling all of the Bahamas. Then long after most of it disperses, most tourists just assume we are still fouled in oil and do not come to the Bahamas for years, maybe decades. Total ruination of the economy and much of our environment. Without certainty of being paid even the relief well drillers might not show up to cap the blown well. And a small oil company could not hope to pay the liability, their insurers will refuse to pay, likely do not even have offices in the Bahamas and the public will be left with the bill. The Bahamas is not the US who held lots and lots of leverage over BP.
So nothing is worth that.
And Mexico had a blow out well, and the US did.
We are somehow so special it can never happen here?
For short trips they need to stop abroad to avoid US regulation. And they largely can not go to Cuba and they can't go to the Turks as their waters are too shallow. So people will have to just visit us by air and stay in hotels which is much much better for us. In the long run if all islands kick them out following Key West we can be rid of them completely, this is what island wide groups like caricom are supposed to be able to co-ordinate.
If customers have the knowledge they can just eternally "work out a payment plan" that pays less than 100% owed, does this not destroy the logic of why anyone would pay their bill?
With the notion/fiction that BPL was now run seperate of the government now out of the window given that disconnections were suspended earlier this year, is not the only path to saving a sound and solvent BPL to privatize it so people know they must pay for electrical service?
Sorry for sounding harsh here, but an insolvent and failed BPL just is not a viable route for this nation to be on. At a certain point the state can not borrow infinite amounts.
It will mean a tighter managed BPL ship which means no rate reduction bonds and much lower charges per KWH. Cayman which has private power pays like one third as much and its an even smaller island ! So not a solution to everything but its certainly worth solving a problem when you can.
concerned799 says...
Cuba essentially produces no real amount of oil.
On Last-ditch threat to oil exploration
Posted 18 November 2020, 11:44 p.m. Suggest removal
concerned799 says...
Can you run a projected Bahamas GDP number over a year post an oil spill and let me know what you come up with once all the tourists stop coming?
On Last-ditch threat to oil exploration
Posted 18 November 2020, 11:44 p.m. Suggest removal
concerned799 says...
If the government can not see the need nor the path to get off fossil fuels with no oil drilling and no LNG and one with a solar future for the Bahamas it should resign. And let it do so forthwith so we can chart a path to a Bahamas and plant which is still habitable.
On Last-ditch threat to oil exploration
Posted 18 November 2020, 4:30 p.m. Suggest removal
concerned799 says...
Or Nigeria where it is a paradise after decades of oil drilling? The money will never see the people, only the oil spills will reach the common man!
On Last-ditch threat to oil exploration
Posted 18 November 2020, 4:28 p.m. Suggest removal
concerned799 says...
Worst case scenario is a blow out well. It could take hundreds of millions to seal it and months of leaking oil fouling all of the Bahamas. Then long after most of it disperses, most tourists just assume we are still fouled in oil and do not come to the Bahamas for years, maybe decades. Total ruination of the economy and much of our environment. Without certainty of being paid even the relief well drillers might not show up to cap the blown well. And a small oil company could not hope to pay the liability, their insurers will refuse to pay, likely do not even have offices in the Bahamas and the public will be left with the bill. The Bahamas is not the US who held lots and lots of leverage over BP.
So nothing is worth that.
And Mexico had a blow out well, and the US did.
We are somehow so special it can never happen here?
On Drilling will destroy us
Posted 13 November 2020, 11:17 p.m. Suggest removal
concerned799 says...
Totally true. Quicker we kick them out the better. Should have happened years ago.
On Port: Breakwater woes threaten harbour crisis
Posted 12 November 2020, 2:28 p.m. Suggest removal
concerned799 says...
For short trips they need to stop abroad to avoid US regulation. And they largely can not go to Cuba and they can't go to the Turks as their waters are too shallow. So people will have to just visit us by air and stay in hotels which is much much better for us. In the long run if all islands kick them out following Key West we can be rid of them completely, this is what island wide groups like caricom are supposed to be able to co-ordinate.
On Port: Breakwater woes threaten harbour crisis
Posted 12 November 2020, 2:27 p.m. Suggest removal
concerned799 says...
If Key West saw the wisdom in kicking our large cruise ships we should too!
On Port: Breakwater woes threaten harbour crisis
Posted 12 November 2020, 2:24 p.m. Suggest removal
concerned799 says...
If customers have the knowledge they can just eternally "work out a payment plan" that pays less than 100% owed, does this not destroy the logic of why anyone would pay their bill?
With the notion/fiction that BPL was now run seperate of the government now out of the window given that disconnections were suspended earlier this year, is not the only path to saving a sound and solvent BPL to privatize it so people know they must pay for electrical service?
Sorry for sounding harsh here, but an insolvent and failed BPL just is not a viable route for this nation to be on. At a certain point the state can not borrow infinite amounts.
On ‘Overdue at BPL? Call to make payment plan’
Posted 11 November 2020, 8:42 p.m. Suggest removal
concerned799 says...
It will mean a tighter managed BPL ship which means no rate reduction bonds and much lower charges per KWH. Cayman which has private power pays like one third as much and its an even smaller island ! So not a solution to everything but its certainly worth solving a problem when you can.
On BPL burden increase via new $246m loan
Posted 2 November 2020, 1:25 a.m. Suggest removal