Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Cogito who wrote (70417)	6/3/2008 12:13:07 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 541459

from the same link... --- ENERGY Rising power costs shock Fortis in Belize Electricity provider can't pass on price hikes PAUL WALDIE June 3, 2008 Kisha Samuels can handle just about any other natural disaster that comes her way in Belize. But soaring energy costs are another matter. "We can cope with floods to some extent," Ms. Samuels said yesterday from the Bird's Eye View Lodge, about 60 kilometres north of Belize City, where she was busy evacuating the front office as a storm raged outside. "But rising prices are making it very difficult for us." They are also making life difficult for Fortis Inc., which controls Belize Electricity Ltd., or BEL. The company, based in St. John's, is running into fierce opposition from authorities in Belize as it seeks to raise electricity rates to compensate for the soaring cost of oil. With food, gasoline and oil prices already soaring, electricity rates have become a new burden for people in Belize and elsewhere in Central America and the Caribbean.