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  • John Smith
    April 23, 2012 - 15:13

    This project was costed without the loan guarantee, and without emera. So, even if those two parts do not come through, the project is still 2.5 billion cheaper than an isolated island system.

  • Maurice E. Adams
    April 23, 2012 - 10:57

    natural gas has cut electricity costs in the U.S. to 2 to 3 cents/KWh. How do you make money off Muskrat Falls when it will cost island ratepayers 35-40 cents/KWh to produce and get that power to market? That does not include cost overruns, high debt servicing costs, etc...... SNC Lavelin last year won a contract in Tunisia to build them a brand new 420 MW gas fired power plant for $340 million Canadian ----- We could do the same ---- no debt, no debt servicing costs, no risk, no high cost for fuel, very little pollution, no significant cost overruns, no reliability problems, no free power for Emera, no political risk/fallout.

  • H JeffORD
    April 22, 2012 - 22:37

    To build the Muskrat Falls and to produce as Joey would say not tens of millions not hundreds of millions, But billions of dollars worth of power, to sell in Newfoundland and the mainland of canada , I would think it would be sold at a profit ,as the demand for clean,safe,reliable power,increases the cost of water when the development is completed the cost of water to turn the turbines will remain the same, There got to be a profit some where if power is sold at a reasonable rate,The muskrat falls when built will not burn billions of barrels of oil a year like Holyrood generating plant,or be one of the top ten air poluters in Canada as Holyrood is, since water will be turning the turbines in muskrat falls it has to be cheaper to run long time than Holyrood and will if run like a buisness pay off

    • Canmore Mike
      April 26, 2012 - 09:25

      How can you sell it at a profit if it costs 30 - 40 cents to produce and get to market. Every other source of electricity in North America doesn't cost one-third of that to produce. The answer is: It will be done on the backs of the rate payers of NL.

  • William Daniels
    April 22, 2012 - 07:38

    Harper has been hanging the loan guarantee carrot in front of Dunderdale to buy her silence on all the federal slashing and burning in this province. Her desparation was evident when she put on her sunday best and danced on stage for Harper during the election. In the end Harper will burn her.

  • roy
    April 21, 2012 - 08:56

    Is this the same Loraine Michael who wanted the house to open so the muskrat falls could be debated. Thank god they are not leading the govt. The province elected who they wanted in a democratic process.