RE:RE:RE:RE:RE:API
You perhaps need to educate yourself on the detail of the industry you are investing in.
"We" live with winter weather and have learned through hard experience how to deal with the host of challenges it brings. Even then freeze-offs are a constant fact of life and in very cold weather we deal with these all the time. "We" plan for freezing weather as a matter of course and power suppliers are better prepared for it (or used to be) with alternates and higher reserves to cater to the inevitable. Yet another reason for more pipelines and back-up power plants. Sure hope you don't live in the Toronto that Ms Wyne has created (by cancelling the NG power plants) if "we" get a prolonged cold snap in conjunction with, say, an ice storm and the failure of a very few transmission lines. Or Montreal if a certain major NG pipeline were to fail for more than 48 hours.
The global warming crowd and the parasites that inhabit its fringes have pushed expensive but marginally efficient "alternatives" into the bureaucracies that few of us pay any attention too. Mostly in ways (through slight of hand) that soak the taxpayer and vested forign interests and their political friends who we have installed in office. This has been paid for (in part, also by borrowing that has become the bulk of the charges on any power bill in Ontario) by hollowing out the redundancy that did exist as they wished away demand growth (that happened despite this) and promoted hugely wrong assumptions about the capability of trendy technologies to perform under stress (which is the critical path to the failures you are seeing in the Southern US right now). No one who works in the power industry is in anyway surprised that a crisis like this has happened. It was inevitable (and, in fact, had already happened, in California over the past two summers, but was covered up by making the story about wild fires, rather than power shortages flowing from failed alternative sources), and unless "we" get our heads out of our rear ends, will be repeated; and it could happen to “us”.
Repeat after me: The most critical infrastructure that a first world country has is cheap, reliable power. It should be one of the over-riding priorities of a country that is blessed with such infrastructure to sustain it.
Then shake your head and look around at what Mr Trudeau and other fellow travellers of his ilk, and their goofiness are doing to ours. This can and may well happen here, and “we” are at far higher risk of ending up freezing in the dark than “we” should be. But the propaganda of the Green Marxists has produced means that even someone like you, who actually has high interest in an industry that we invests in, does not know this.