- June 07, 2013 - 07:04
So what can people who feel they are being swindled by their own government actually do about it?
- Jon Smith
- June 06, 2013 - 12:30
Never before in the economic history of Newfoundland and Labrador will so many ratepayers pay so much through their noses for the colossal bungling of so few and for the short term benefit of so few. We'll owe we'll owe and off to work the grandchildren will go-or will they move to the mainland and prosper!?!?!?
- Cyril Rogers
- June 06, 2013 - 11:55
Everything I have read about the AGM indicates that NALCOR is indulging in the same obfuscation and out-of-date data to make a case for this badly-flawed project. They are selling us down the fiscal river(pardon the pun)on Muskrat Falls. Why??? That is the question that I can't get my head around. It is obvious, given the changes in direction of the energy sector, that this project is not doing anything positive for our economy and merely drives us into a deep fiscal hole....yet, they seem completely incapable of the necessary sea change. They have to pull the plug on this project or we will face a fiscal nightmare that will do lasting damage to our whole economy.
- Tony Rockel
- June 06, 2013 - 12:11
Government is under orders, from guess who, to ram this project through, so government is using Nalcor as a tool to come up with a set of phoney statistics to justify the whole rotten deal.
- June 06, 2013 - 12:58
Huge smell of Labrador mining companies into the mix here. And don't get too excited on whether or not Emera becomes a player. All we were gettingt there is a cable we'll own in 35 years. Where's the barf bag!
- Maurice E. Adams
- June 06, 2013 - 11:35
To understand how outdated (and dangerous to ratepayers, our children and our children's children) this so-called Muskrat Falls dinosaur vision(?) really is, see link to "Dam-Nation" (along with is speaking notes) by Graham Lane, sponsored by the Frontier Centre for Public Policy (FCPP), which is a private think tank headed by Peter Holle. Go to www.vision2041.com
- Tony Rockel
- June 06, 2013 - 11:26
Anyone who cares about our future energy costs should read the Edison Electric Institute's report on disruptive technologies: anyone in Nalcor who has not read and understood this report should be fired.
- June 06, 2013 - 10:34
Martin just beat around the bush on most questions. And his body language suggests the high risk is starting to sink in. Yet he still plows ahead, suggesting its the best choice. A good general knows when to change course, when circumstances change. Martin prefers to remain ignorant that circumstances have changed.
- Just sayin
- June 06, 2013 - 10:25
Ed Martin said nothing about the "gravy" to be made from the spot market sales. He finally admitted low gas prices in the USA has driven down electricity prices, as critics forecast would happen. Martin admitted he hadn't read the Edison Electric Institute report "Disruptive Challenges: Financial Implications and Strategic Responses to a Retail Electric Business" This was published in Jan 2013. It points out the changes that puts risk on the utilities, much like cell phones are making the land lines for telephones obsolete, changes in the power business increases risk for the power companies. Vardy said the MF scheme is fatally flawed. Martin up to yesterday, failed to admit that cheap gas wound negatively impact export sales for power. Nalcor has gone with MF on the basis that the island needs more power for winter heating. And they stated that gains from efficiency was approaching saturation. This is false and a fatal flaw. Martin has failed to acknowledge that energy efficiency for electric heating, reducing heating energy by 50 percent will impact their forecast. And new housing codes, with construction improvements reduce energy use here by another 27 percent for new construction. Both of these type disruptive challenges are noted in the Edison study. But why would Ed Martin want to read this stuff. Better to remain ignorant I guess and deny such risks. Forecast is already well below what they predicted. See the chart on the site Vision 2041.
- June 06, 2013 - 09:54
Anyone ever watch scams scounderls and suckers
- June 06, 2013 - 09:46
Commercial secrecy is a very valid reason to not reveal economic details publicly.....in a competitive free-market business environment, financed with private investors' money. As opposed to this: a government monopoly, embarking on a potentially financially ruinious whim, which is quite reasonably and justifiably suspected of not having been adequately analyzed by an acceptably objective, competent third-party, and is financed entirely using the public's money. The arrogance and contempt being exhibited by Nalcor would be absolutely shocking if it weren't so rooted in historic precedent here in Newfoundland. Joey is laughing.
- The Emperor
- June 06, 2013 - 09:10
Another 90 million out the door! Good thing Kruger kicked up when they did! I think the province is now tied up into something that has gotten away from them and gone adrift. All just to build this Death Star. It has consumed our Premier to the point that they can't govern our province because of this Political business.
- John Smith
- June 06, 2013 - 08:37
This is a well thought out, intelligent answer to our coming energy needs. It is being accomplished by the hard work of thousands of NL men and women, and is something we should all be very, very proud of. We will need increased sources of energy here in the province, and Muskrat is the lowest cost alternative. This project has been scrutinized on a level that is unprecedented, and no matter how much the naysayers want to muddy the waters by foisting their conspiracy theories...there is not one iota of fact to back up the ravings of the lunatic fringe...
- Tony Rockel
- June 06, 2013 - 09:39
"We'll thought out"?? Well, I guess unless you are part of Nalcor's inner sanctum, you must be psychic, or how else would you know their thought processes. The other possibility is that you are simply a mindless shill.
- June 06, 2013 - 07:47
Mafia run. The Godfather being the NL PC Government.