20/20 Foresight

Are you looking where you are going?

It is very easy to focus on the familiar places that you have already been. Yes there were challenges back then that caused us to struggle. However from our current vantage point we know how to deal with those struggles. Looking out the front window into the future is a bit scarier. We cannot rely on 20/20 hindsight.

An election is a time when attention is paid to the direction that we are headed. In Canada one of the issues is a new cross country pipeline. Looking out the back window at the 1,000,000 dollar a day cost to complete the Alaska pipeline, we are aware that pipelines are costly investments. However oil that is in the ground does not fill our gas tanks.

Do you see the oil pipeline or the electric power lines?
Both transport the energy that you use.

Now that we have the results of Canadian election, it is not surprising that whole provinces voted conservative as a block. They wish to believe that the 20/20 hindsight formula of building more pipelines will solve their economic problems. The rest of the country is not so sure. Looking with 20/20 foresight the prairies are blessed with enough wind power to satisfy our energy needs for a long time. Rolling Thunder, the largest wind power project to date is a good example $800,000,000 of the billion total cost was spent on the transmission lines with only $200 million on the windmills themselves. With the closure of coal fired power plants, the consumers in eastern Canada could really use affordable electricity. With 20/20 foresight our efforts should be focused on inventing and installing cost effective cross country electric transmission. As we look to powering the electric vehicles that we all desire, 20/20 foresight suggest that new infrastructure investment should be aimed at transporting the type of energy that we want.