Ontario Liberals Seeking New Hydro Rules to Lower Rates: Here’s What We’re Reading
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Here’s what we’re reading today.
1. Ontario Liberals eye electricity market overhaul to lower rates
“The Ontario government is pursuing a fundamental overhaul of the province’s electricity market in an effort to keep rates as low as possible as it faces a political backlash over soaring prices.
“The province is considering introducing a “technology-neutral” bidding process, rather than the current approach in which the system operator issues contracts from specific sources of power such as natural gas, wind or solar, Energy Minister Glenn Thibeault said in a speech Friday.”
2. Trump pledges military build up, lashes out at media at CPAC speech
“The wide-ranging speech amounted to a victory lap for Trump and chance to recount his campaign promises as well as thank a wing of the party with which he has not always been in sync.
“Trump, who campaigned as more of a populist than conservative, told his audience that his victory represented a ‘movement the likes of which the world has never seen before.'”
+1: News media barred from White House Press Briefing – New York Times
+1: The political race to the bottom – Macleans
3. Meet the 16-year-old Canadian girl who took down Milo Yiannopoulos
“The story of Milo Yiannopoulos’s fall from conservative grace ended when a conservative blog posted video footage of him making comments that seemed to rationalize pedophilia. But it started when a 16-year-old high school student in Canada decided Yiannopoulos was embraced much too closely by mainstream conservatives.”
– Vox
4. Uber is doomed
“After a discombobulated 2016, in which Uber burned through more than $2 billion, amid findings that rider fares only cover roughly 40 percent of a ride, with the remainder subsidized by venture capitalists, it’s hard to imagine Kalanick could take the company public at its stunning current valuation of nearly $70 billion.”
– Jalopnik
+1: Uber says it’s not behind the phone calls to investigate Susan Fowler’s personal life – Recode
5. Why nothing works anymore
“Most of these failures don’t seem like failures, because users have so internalized their methods that they apologize for them in advance. The best defense against instability is to rationalize uncertainty as intentional—and even desirable.”
