Site C will help power up cannabis hot houses, Bitcoin mining, and LNG!
I RELUCTANTLY INTERRUPT my originally-planned column to bring you an unwelcome realization which, like a Poe raven, has just landed heavily inside my head. Now I’m thinking that maybe we’re going to need the Site C Dam after all.
This leaves me anguished, given all the dam-slamming I’ve done from the top of a considerable heap of dam-damning evidence. Everything about the project’s backstory has become the stuff of infamy, from the billions of dollars originally committed without prior (or any) due diligence, to the planned flooding of thousands of hectares of other peoples’ land and homes. Don’t forget the destruction of ecosystems, trampling of treaties, and waving away of myriad concerns—including the open-ended price tag, and the god-knows-how-high electricity rates that are sure to follow. Would I buy anything under similar terms? I would not.
You already know how the saga unfolds. The Liberals roared into hard-hat gear, bent on getting Site C beyond the point of no return before the NDP assumed office. It was a job well done, because by then they’d spent four billion dollars rearranging the Peace River Valley into a newly-found land of big winners and losers.
Then Premier Horgan, still weighted down by the slag of his previous anti-Site-C stance, sputtered a contrite, newfound awareness that he couldn’t kill the project now—not with the billions already spent, and the workers all desperately needing a reason to continue packing their lunch kits every day. (At least Horgan seemed genuinely conflicted, unlike our prime minister’s Kafkaesque approval of the Kinder Morgan Trans Mountain expansion, a paternalistic oration that remains unrivalled in the whiplash category of If A, then B—Say Whaaat?)
But steering away from political perplexity, here are three new reasons why we probably need Site C after all. First, the energy-addicted LNG portfolio appears to be worming its way back onto the table. Few details are available as I write, but one thing is certain: In BC you can never, ever, say for certain that a pet political project is dead. Don’t fall for all that suave assurance. The Northern Gateway Dragon, for example, has not been slayed. It is just resting.
The second reason is cannabis. Again, it’s early days, but clearly Big Business has caught its lucrative drift. Cannabis grows well almost anywhere, but we nonetheless are going to encase it—in untold acres of greenhouses, planted on our best arable land. Greenhouses are energy hogs, and that’s just the beginning. No worries for us though, not with Site C powering us through the brown-outs. (Although, with Business typically galloping out front, and Policy struggling in vain to keep up, do stay braced for inevitable Oopsie moments.)
And then there’s Bitcoin. Who could have predicted this: legions of computers all over the world, churning away on algorithms that “mine” for icons hidden deep beneath the pretend-world surface? At one time, Bitcoin was touted as a new digital currency, but now it operates more like a lottery system, where your computer picks the numbers that could lead you to the motherlode. Kind of like souped-up Keno, although that now seems infantile by comparison.
As with all speculative activity, Bitcoin is serious business. People worldwide are using their savings to fill warehouses with stacks of beefed-up computers—or “mining machines,” as they’re called in the biz—that operate around the clock like so many miniature pump-jacks on steroids. Picture all this. If Bitcoin was happening on another planet, we’d be making fun of its citizens.
But smirks and quizzical head-scratching aside, Bitcoin’s increasingly heavy drain on the real-world grid is probably the more imminent concern. According to the web-based publication Digiconomist, a single Bitcoin transaction draws as much energy as 300,000 Visa transactions. Or, using an estimate in Scientific American, the same amount of energy to boil around 36,000 kettles filled with water. Analysis by the web-based publication Motherboard projects that Bitcoin’s global network could be using as much electricity as Denmark by 2020. One thing is certain: Right now, Bitcoin’s exponential growth shows no sign of stopping.
The electricity from Site C is desperately needed for bitcoin mining operations, which produce invisible wealth
No worries for us though, not with Site C. In this province of plenty, this veritable Eden, it’s part of the grand SuperNatural smorgasbord that can feed all of our cravings. There’s no need to curtail or tread lightly. No need to change habits or thinking.
After all, aren’t we humans the chosen ones, the long-ago recipients of the keys to the Earth? We deserve everything we want. We deserve everything we’re going to get.
Trudy holds out hope that we’ll soon arrive at solutions and find the wherewithal to begin embracing them.