Re: “B.C. premier defends his fight to retain, restrict energy imports,” May 24.
While I am sure it will not change the minds of pipeline supporters or opponents, I feel readers would benefit from understanding how risk-management professionals assess risk.
One can find numerous risk-management assessment tools or matrixes on the internet. In the end, they all point to the same conclusion: If the risk is likely or if the consequences are disastrous, the risk manager must mitigate the risk.
Thus, the government spends billions of dollars upgrading schools, hospitals and emergency-services structures even though such existing structures have never been significantly damaged in the last century and a half. Upgrading and or replacing these buildings at enormous cost is deemed…
