Back on Monday

As you might have noticed, I have taken a bit of an unscheduled blog break. Sometimes things just get too busy… sometimes I just don’t feel like I have anything of value to say. On this day after Father’s Day, I should credit my father who taught me (among other things) that it is OK to say nothing. In fact, sometimes its preferable.
It so happens that there are so many things going on in the world that silence is bound to end.

The disaster in the Gulf of Mexico remains top of mind. Previous to the current chaos, one of the worst oil spills in history was the Exxon Valdez – a tanker that spilled 250,000 barrels of crude (10.8 million U.S. gallons) into Prince William Sound, Alaska in 1989. The effects of that disaster are still felt more then 20 years later. To put it in perspective, it is now estimated that the Deepwater Horizon collapse is spilling 60,000 U.S. gallons per day – meaning each 4 days is the equivalent of the Exxon Valdez. That’s 15 tanker loads and counting with the only apparent end in sight not coming until August… maybe! How sadly ironic it is that the rig causing all this collapsed on Earth Day (April 22).
I can’t imagine the impact of this on the eco system and the lives and livelihoods of the people who live around the Gulf of Mexico.
Obama blames BP – with cause - but where are all the regulators hiding? No company should have the ability to cause such disaster.

Changing gears, I had to smile last week when I received a petition to stop the HST. This proposal was originally tabled in the September 2009 Provincial budget and is set to launch on July 1st. Does anyone really think it can be stopped now?
I was reading the Canadian Institute of Chartered Accountants paper on the budget and Sales Tax Reform and find it hard to believe there is any benefit to businesses or taxpayers other then a single reporting system. I am afraid to find out but would be interested to know what % of our income actually goes to tax including all the hidden taxes, the sales taxes, income taxes.

The FIFA World Cup is in full swing and almost every car I pass has a flag flying from the window. In addition, many an afternoon is interrupted by loud horns honking in celebration of a country's victory. I am admittedly a marginal soccer fan and have had difficulty getting interested in the 2010 tournament. I'm not entirely sure but think that the horn (vuvuzela) buzzing in the stadium is not helping. In the past I have gotten really interested – perhaps I can turn down the sound, rededicate myself and that passion will return! However, maybe not - the NBA finals just wrapped up and despite the fact that the Lakers were playing the Celtics, every time I turned it on it just seemed boring.


Cheers and have a great day!
George

Brownfields

About 5 years ago, I became very interested in environmental issues particularly as they pertained to industry. I did a great deal of reading on the subject and as a company we embarked on a program of evaluation and change. In the end, I think we have done most everything possible to ensure that we are as environmentally responsible as possible. This has included a laundry list of significant changes including the soon to be installation of 4 windmills at our main plant – a process that has taken more then 2 years to source the right equipment and get necessary approvals. After a great many delays it should be completed in the next few weeks.
Funny thing is that I continue to read a great deal about environmental issues and the politics that surround them. One of my first personal conclusions related to “Offset Credits” which I view as simply paying a fine to allow your company to pollute. Our windmills are an attempt to make a difference directly.
Related, as I mentioned in my last post, I have recently become interested in a 75 acre parcel of land on the far west side of the Village of Port Credit where we live. The land is considered a “Brownfield site” – which, according to the US Environmental Protection Agency “means real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant.” It does not include heavily polluted or severely contaminated with hazardous waste.
Its property that has been polluted enough that the potential environmental liability cost is higher then the potential value of the land!

According to the information I read, there are some 30,000 Brownfield sites in Canada and range from abandoned gas stations to dry-cleaning sites. The property I am referring to was a Texaco refinery until sometime in the mid 1980’s and has been vacant ever since. Presently, Imperial Oil owns the property and though it appears that there have been many meetings, discussions and documents written on the remediation of the land, nothing has been successful.

As a follow up to the BP oil disaster in the Gulf of Mexico, I read an interesting HBR article that clearly paints BP as villains in this tragedy.

Cheers and have a great day.
George