- Maggy Carter
- December 19, 2012 - 15:08
David is right - the National Post story on 'Muskrat Folly' captures this whole sleazy, mind-numbing mess very well. Rather than send out Christmas cards this year, the Liberals and NDP should be sending a copy of the article to every home in the province. The could send it under the heading 'The government Grinch will steal your Christmas for the next 60 years'
- a business man
- December 19, 2012 - 14:49
Maurice, selling power for 5 cents is not about making money, it is about appeasing corporate users of power. Simply put, if I don't get cheaper power, I will take my business elsewhere. I realize that MF may hurt low income and middle income ratepayers, but from a business point of view, I just don't care. I don't want to pay for my electricity, so if no one in NL wants to subsidize by business, i will just leave. it is not personal, or vindictive. It is just business. And frankly, I am just small potatoes compared to the other industrial users. At the end of the day, Newfoundland has to compete with the rest of the world for jobs. If power is too expensive, employer will just move. And, as per their property rights, they are free to do so. Again, it is just math.
- December 19, 2012 - 09:50
The National Post has a good opinion piece by an electricity consultant...."Muskrat Folly" We are the laughing stock of the country. As far as calling for an end to irresponsible spending, we're officially a dictator late and $12 billion short. It's over.
- Maurice E. Adams
- December 19, 2012 - 06:58
There is no market where you can make money selling 40 cent power for 5 cents. The power line cannot handle Upper Churchill power, and by the time 2041 rolls around we will be billions more in debt, unable (financially) to then build a power line that will give us for a real alternative to sell zero cost power, and we will again be at the mercy of Quebec. Great vision --- Muskrat Falls is all about satisfying the speculative development of the mining giants of Labrador --- paid for lock, stock and barrel by low and middle income island ratepayers --- for 50 years no less.
- Sid Peckford
- December 19, 2012 - 06:32
At times we have to be bold and go forward with this project and finally go around Quebec to sell our resources.
- December 19, 2012 - 08:55
Not to worry ...enjoy the last couple days ....21st of Dec is the end of the world!! ;)
- December 19, 2012 - 14:32
Now Sid, how do you suppose we'll make money selling 40-cent power for 5-cents as noted above. We're sunk!