A“, .M' W

The apti'suu,“February'11711§32;“§age 9

Soon a - man came out and said that he etj' wasn't going to show the film as we all know how beer is made-.Doug by the way knows how beer is made as he and Bill another Bus. [student have made a whole. . lot which should be ready for sale cene Senior Week. A light lager in 2802. bottles ‘ Seven or eight beers later it was ti e to-debate where next years cenference would be. As Doug had not been delegated the power to speak for U.P.E.I. he was drunk enough to assume it., Thus neXt year U.P.E.I. will host the Atlantic Business Mud Wrestleing tournament. It is here that Doug's memory began to fade and he doesnft remember going to Lawrence of Oregano‘s, My Apartment, and the split Crow with Will. Doug regained consciousness outside Truro. ’ ,Again our brave courier .de bois had to fight a raging blizzard on the return trip. With only' 11 old scotians left for the journey buck, things' did indeed look grim. The'Ferry trip back was marked_by Doug's / dogged determination to I beat Hill at some video game. So wrapped up in the-campetition were our

\

just

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duo that a member of the crew' had to'notify them 1 that unless they wished to return to N.B. they had better get their .car off. Dashing‘below they saw their poor“ vehicle dw arfed by the emptiness and enraged ' car operators waiting to 'bOard.. A_huniliatingy. End to such a journey" In review of their weekend the two could easily draw congarisons with the Hobbit or . , Waterstip down but prefer - to think that what,they did, any fine young Bus. student would do. To represent ones school! , to brave the elements, to fight impossible odds, to_$o where~no man has gone oefore (that was Will's eventful night) Yes'they are proud to have“been chosen and at no gain to themselves they ask, "Would we do it'again?......... g ‘I Now afor those who rare,interested in what \ took place in the ’ SeminarSOooooooo-ooono. seminar # 1 Topic, Energy:. The Resources by Dr.;David MacKay of the Centre'for Energyrstudies

from th

from the N .5. Technical Univers ity. The Topic Was on Oil. We missed it. We did arrive in time to hear Mike Meacher from ICG Scotia Gas. His lecture generally covered the role of gas and coal in N.S. {noting how the two were c0mplimentary.sources of energy and not in compt—

.tition.. Mr. Meacher spoke

on the advantages of gas

x(ie price) and said distri-

bution centres will be built in N.S. during 1984 — 5. Next on the agenda was Dan Brown from the N.S. Power \. Corporation. After a brief history of N.S.P.C. he

italked about the new Ceal'

Fire Plants that are being opened up and left us with the impression that the Maritimes~were Energy rich. The only problem being when how and if the Maritiies,

cs develop such things as Offshore Oil, Uranium, Hydro, and Tidal Power. His spewch. w as not especially enlight- ening. , y. ‘ (Seiinar # 2 Topic, Enerey Policy. —The first speaker was Stuart Peters, supposedly a critic. The majority of his lecture was on L.N.G. He dispelled rumors about the safety‘of transporting liquid Natural Gas and told us of nuclear powered Ffllys designed to reach it in the Arctic. He left us with the

[irpression that he was very

high onNatural Gas. Your may ask what all this har to do with eczeone who is . supposed to be a critic On Energy Policy, we were too

_polite too. ‘

Next was Rocco Delvechio ministry of State for Economic Develoyment.

He felt the main issues Cone fronting golicy makers were (1) Security of Supply,

‘(2) Oppourtunity for Ganadians _to take part in Energy Devel-

opment and (3) Regional Revenue Shari 3.

’Mr. Delvechio felt the energy agreement was very good and believed that it would enable Canada to Achieve energy self suffici- ency by 1990. As far as the effect it has had on oil cap- ital going/south, he felt

the potential available here in Canada‘was to much to a pass over for the immediate gains covganies nake'by going to the States.

Mr. Delvechio says the longrun benefits of staying in Canada should bring? some‘Cospanies back. He

also spoke on how the structuring of Gas Pricing relative to that of oil

will encourage its/substitu- tion for oil. This will

leffect such residual issues

‘9““'Tii‘p“Away Con“ ’

as gas

Canada. Seminar # 3 Topic,

Financing Energy Projects.

going to eastern

'This was presented by "Peter Martin:

Economist

Vice president and Director

of Moleod, Young and Heir This seminar dealt

with a topic Seldom real~

ized by laymen or students.

His presentation covered the

roost and availability of

Capital. The Terws and conditions in obtaining it.

The adv ntaces and dis-g

advantages of stand alone project financing and other financing entities.‘ Joint VGFturC financing and FTnancing entities with Gov't credit with consents on using gov't guarantees in the future.

It should be noted for those interested Economic Students and Profs, copies of this report are available for photoécopying. Contact The Business Society Office,/

‘ I

Seminar % 4 Tonic, The Enviornyent. Pat LeBlanc of the N.S.P.C. led off the discussion referring to I revitalization of the Coal" industry, Coal Fire Plants, and Acid Rain. ‘He noted

the major problem of coal was how to treat the by— products produced from burining it. ‘The solution to the problem is to find enviornmentally safe ways

to dispose of these by- products. The only problem’ here being that economics also becomes an important factor. This is evident when treating the choiicals

She would however like to see "scrubbers" implemented to reduce acid rain. Too expensive countered the N.S.P.C. rep. Incidentally she is also against Done Pete building a shipyard on MacNab Island near Halifax. Leslie Rowe: Mobil

Oil. 'Her presentation was on how Mobil was doing impact studies on communities involved with the offshore exploration. he also did the usual, how prepared a rig was for emergencies, with prepared contingency plans for every known emergency,save the freighter adrift in he near vicinity which they are now making a contingency plan for. She also ex- pbained the shared emer- gency equipment with N.F.L.D. such as slick lickers, booms etc. all ironically pretty useless in ice. She mentioned how rigs do meterological studies by constantly monitoring wind speed and direction and

mmnvew:mdflm,zdlof

this}; 11.234. <3. Enviorn— ment Canal: to calculrtc an ir ‘CCVTTte forecast.

in Goulter: N.S.

Dept. of the enviornorqt. He stated Government Policy deterrines what will be done and not enviornsental groups. He said it was mainly their job to inform of potential dangers and let Gov't decide whether to ignore, modify 'or.scrap projects.

Seminar # 5 Gordon NacNab of the National Scienées

an 7- Bill

causi:g acid rain is discussed.and “nglneerlnfi Researcn

While New coal fire plants

.are being fitted to combat

nitrogen oxide nothing‘ is being done about sulphur because of costs. ‘ Susan Holtz, from the ECology Action Centre. She Spike on obviously enough, enviornmental concerns to Nova Scotians with the advent of New Coal Fire Plants and a massive Tidcl Project.

‘She Felt the Tidal project

shouldn't be rushed thru, until more is known about the effects on the area. The Bay of"Fundy is a stop overvfor large numbers of

‘migratory birds and a tidal 'projoct could damaqe the

tidal flats‘where they feed. This is only one example of several unknowns that must

be considered. I expected« a‘placard waving, twig eating type but was Suprised with her professionul‘rxpresen a- tion.. She realized that we must do soaething to obtain the ppwer needed, and accent- ed’.*the new Coal Plants.

Council. (technology & Con— servation)

Mr. MacNab is also withmthe Atomic energy Canada. His forecast for the Haritises was dietal and felt the major need is a Maritine Energy Corgoration. He is an avid slpgorter of Nuclear power and feels it should be used. He ridicul- ed Gov't forecasting say— ing he was part of the 1972 forecast which would have \ a barrel of oil at $5.00 a barrcll in 1980.

The last session of the conference was with

Zavis Zeman who is with the institute for Research on Public Policy. He spoke. on the increasing MEGA, projects, as it was the last session and he spoke with a thick Czech accent, we didn't understand any Of GOOD DAY FROM DOUG ORFORD & WILL GOUGH