DRO BOSS WARNS _ of energy — only of time ‘ “We are not short of energy but we are short of time.” ; _ This was the prediction made last week by J. Nor- man Olsen, president of B.C. ‘Hydro, in a speech at the opening luncheon of. “Electrical/Electronics _ Sh-- owcase “79” held at the P.N.E. grounds. “The current iniernational situation,” he said, “and the future prospects for world energy supplies and price This. ‘could be = ac- complished, he. said, by increasing natural gas and ' electrical energy’s shares to 30 per cent each from present levels of about 20 per cent each. . Ministry of Forests. Next x _planned_| The stage has been setfor © the greatest -reforestation program program ever conducted by the B.C. year some 100 million . seedlings will be. ready for planting throughout the province. .. “ wet He pointed out that British Columbia is blessed with energy resources unmatched by any other province or state in North America — an abundant supply of natural gas, a massive reserve of | coal, huge undeveloped escalation, together with the ' economic . pressures on Canada and British Columbia, all emphasize the need for us in B.C. to take advantage of our great provincial energy resources now.” Olsen said this could be couraging the most economic development and distribution of energy in the province; and by moving from an oil-based economy Wi x as EppIV and are under foreign influence to an electrical-energy based economy where supply and cost are provincially con- COS trolled — using our natural_ gas resources as a bridge. In keeping with the Canadian government's energy objectives to reduce ence on oil by in- creasing electrical energy’s share from one-third tg one- _ half of Canada’s total energy geothermal hydro--power, -a—signifcant-— -percent-of the production is of Forests Minister Tom Waterland says the program got underway last spring -when the 100 million seeds were sown in forest service nurseries. It was 20 million more than the previous year. Of the total, well over 50 in interior spruce. The entire - potential, quantities of hog- fuel, plus the potential of new technologies using sun, wind, tide and bio-mass. ““We have the means to move to an electrical-energy pointed out that the processes for obtaining approval for construction of electric generation and transmission facilities have ienaecu to CLthiges Pad time from six or eight years to 10 or 12 years or longer. B.C. Hydro is somewhat concerned that its probable forecast of electrical needs may be too low, particularly if the rapid increase in world oil ‘prices accelerates the substitution of electricity for oil faster than had been assumed. Based on B.C. Hydro’s present forecast of consumption, Olsen suggested that an ap- propriate B.C. goal could well be to reduce this vince’s oil consumption from 50 per cent to per cent of total energy used in B.C. VSE volume leaps up Trading on the Vancouver Stock Exchange is showing a major increase over 1978 in the year to date. Volume for the first three months of 1979 reached 174.8 million shares, up from 138.1 million in the first quarter of last year. Value of —__—___——-significantly _to__ $206 million as against $115.8 million in the first three months of 1978. about 6 per cent increase stepped-up program was the result of heavier than usual seedling requirements from ind - : ~ Sn The extra ‘demand, —_— han Lake experimental station on Waterland explained, taxed CONTAINER-GROWN SEEDLINGS at the Cowi existing nursery facilities to Vancouver Island. ditional 20 million seedlings are’ being grown in the nurseries as bare root stock. The young trees will be kept in the nursery for two years, ttle iP La) ‘Jax SECT ke J eel 100 million will not take place until 1980. Because of increasing requirements for seedlings and the demand for growing them in containers the ministry has now approved the construction of ad- ditional greenhouses which will produce an additional four million seedlings an- nually. each year, more gencrating capacity will be needed by 1986 — only seven years - from now. “But we have at this time no approval or authority or permit or licence to con- struct any further generating station,” he pointed out. “Tt is doubtful that there is now sufficient time to build a new plant by 1986.” ~ B.C. HYDRO & POWER AUTHORITY For Sale By Tender “As Is - Where Is” REF. Q556 6 ca. Ford & Dodge V8 & 6 cyl. Rebuilt Engines Engine (Disassemblied) 1 ca. Dodge CT800 Rebuilt 5 spd. Transmission 1 ca. Dodge CT 800 Reguilt Transfer Case 1 ca. Kenworth Rebuilt Front Diff. Assembly 1 ca. Chevrolet V REF-Q387-—_—___________}.. 89 ca. Used 20"x8", 10 Hole Tube Type Wheels 139 ca. New & Used Assorted Tires & Wheceis (Mtd) For inspection and Tender Forms, contact A.H. Gaunt, B.C. Hydro Disposal Dept. 3855 Kitchener .C. Telephone St., Burnaby, Tenders duc in the office of the Disposal Agent at the above address by 12:00 Noon on FRIDAY, APRIL 27, 1979. ry The minister noted that the production of seedlings in a 10-year period has risen from 34 million in 1970 to an expected 100 million in 1980. He sees no letup in the growing demand. SELL IT cat. 986-6222 Canada Trust is the place to go to apply for your free shares Cand additional shares if desired) in the tuture of British Columbia. When making your application, you must present two of the following: (a) driver's licence; (b) social insurance card: (c¢) medical plan card. If you're 65 or over, a Pharmacare card is sufficient proof of identity. Mothers or guardians making application tor children under 16 are required to furnish only a medical plan number or a birth certificate for such children. Remember, every man, woman and child who has lived in B.C. tor the past year - and who holds or has qualified and applied tor Canadian citizenship - is eligible for five free shares, so don't miss oul. Hurry into your local Application Centre ~ Canada Trust- today. * Canada Trust oe Open 8 to 8 Monday thru Saturday Park Royal Shopping Gentre (north off Marine Dr.) 1-2211, Local 254.