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Muskrat Falls and mining profits

Published on June 12, 2012
Published on June 12, 2012
Topics :
Public Utilities Board , Muskrat Falls , Canada , Newfoundland

Well, the other shoe has finally dropped. Alderon and Danny Williams have opened the closet door very wide and have clearly exposed their conjoined interest in Muskrat Falls and what is truly behind the project.

We only suspected and speculated up until now … now we know (“Industry needs Muskrat Falls: Alderon chairman,” June 7).

Now we know why this project with all its controversy, with all its debate and bantering about power needs and numbers, with all the unforgivable bully tactics and the unilateral suspension of our rights through the dismissal of the Public Utilities Board, what’s really at play here.

It’s really a powerplay by the elite, government and industry to foster their own best interest.

Now we have the incontrovertible truth of the matter.

Now we know the project is for the elite.

Who benefits?

It’s for Jim Prentice and his bank, it’s for the shareholders, it’s for Alderon, Danny Williams and others.

Never forget — all of these people make money on the deal at our expense for an outrageously long 57 years!

And all guaranteed by the Government of Canada. That’s us, too, by the way.

The small population base of Newfoundland, especially its fixed income or no income components, will be slavishly indentured to pay for this project while others make profits on their backs.

Are you going to let them do this to us?

Are you going to roll over and expose your necks to the knife of the powerful and the elite?

Don’t be like the gutless school of business, for example, who appear to have abdicated to government and industry largesse.

Not a word of analysis, protest or criticism has passed over their commercial lips.

No doubt Williams’ role in the affair is perfectly legal but the perception stinks to high heaven.

First, there is the perfunctory agreement with Emera of Nova Scotia, then he resigns in a heartbeat — finally his association with the mining industry who desperately need the power is revealed.

When we connect the dots, what else are we to think?

Now that Mark Morabito of Alderon has declared himself, he is attempting to intimidate us by suggesting no Muskrat Falls means no mining and no jobs.

I say puppy poop to that.

It’s a tactic used against us many times before: 480 jobs in the Labrador Trough Kami project “generating billions of dollars of tax revenue,” clearly implying that Alderon would be the beneficiary of hundreds of billions of revenue for itself.

You would think that with all these billions floating around they could dedicate a billion or two to help build the project, wouldn't you?

But they won’t — it’s called greed.

This project is not for us — it never was, so I implore all of you to let the power of consciousness and criticism bring the ambitions of the elite to an abrupt halt.

Remember Churchill Falls of 1969 and do it lest the elite of industry and politics sin twice against Newfoundland.

Robert Rowe

St. John’s

Comments

  • Username
    Willaim Daniels
    - June 12, 2012 at 21:46:37

    Well said Mr. Rowe. The truth is slowly coming out. The sleeze surrounding to the MFP grows by the day. Lest We Forget real estate deals, tabacco lawsuit deals, etc.

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  • Username
    Winston Adams
    - June 12, 2012 at 19:10:47

    John Smith: You hope Danny sues. Yet you continue to call critics of MF lunitics. That"s ok? And Gilbert Bennett. I talked with him at the Holiday Inn open house. We discussed the plan to raise our power rates by 40 percent which would then stabalize by 2017. I explained that while now our power is about 40 percent more costly than residential customers in Quebec or Manitoba, that by 2017 we will then be paying 90 percent more than they will. His response was "what has that got to do with anything'. Seems we need to be competitive to attract mining companies, give the power less than cost. But for island residential and small commercial, fish plants etc here- screw them , staying competitive with Quebec or Manitoba don't apply. Take a moment from laughing and address yesterdays editorial; should mining companies get power for less than cost? And again , my question, what of 600 MEGAWATTS OF WASTED ELECTRICITY THROUGH INEFFICIENT HEATING?

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  • Username
    Ed Power
    - June 12, 2012 at 18:45:03

    Thank you, Mr. Rowe, for untangling the Gordian Knot that Muskrat has become. There is something not quite right about this project, and this was obvious before the ink was dry on the Emera MOU. The sudden departure of Mr. Williams certainly didn't increase anyones confidence in the project. Nor did the subsequent Leadership non-race. Hmm, the top job is open and no one -Cabinet Minister, backbencher or PC Party member- wants the job. Why wouldn't any of these men and women - the Alpha Males, as it were - of the political game - leap at the opportunity to lead their Party and Province? Why the scramble for the proverbial door? The regular protestations and fawning endorsements of the pseudonymous Mr. Smith aside, the MF project continues to raise more concerns than it settles. The power requirements of the island change with almost every update, as does the off-island customer market . The financial numbers surrounding the entire deal are also suspect . Now, after 9 years of dithering, a new and "Improved" Freedom of Information Act. One that places more limits on access to government information than the one it replaces. And they wonder why the number of people in favour of the MF Project , and the government's own poll numbers are falling.

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  • Username
    John Smith
    - June 12, 2012 at 16:15:47

    I have to say I laughed so hard when I read this steaming pile of excrement i had tears rolling down my cheeks. I have never read such a load of horse manure re. Muskrat Falls since the project was first discussed. I hope Mr. Williams adds you to his potential list of liabel suits...I know I would. Inorder to believe what you say is true we would have to imagine a conspiacy so large that we have never seen the like. Wade Locke, Tom Johnson, Jack Harris, Ed Martin, Gill Bennet, Darrel Dexter, Oliver, The prime minister, the premier and many others would all have to be in on it. It has been proven that there will be a need for the power. If this project gets turned down, the next day there will be plans to refurbish holyrood, for about 750 million, and dam two small rivers, and a swell build a small gas turbine...all which will cost about 3 billion. Of course that will only get us a further ten years down the road. Then we will have come up with some other scheme. Mr. Rowe, you have no facts, no truth, no eveidence, just more innuendo and BS. As far as the PUB goes they were given over two million dollars and 9 months to come back with an answer...then said they could not give an answer...their failing...no one elses. Anyway, keep up the good work conspiracy advocates...you are making the naysayers out to be the lunatic fringe they really are....

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  • Username
    NL Shame
    - June 12, 2012 at 15:53:38

    Look at it from the first day it was announced as we doing the lower churchill. It all sounds good. From that ponit on it has been a total mess and unrealistic. It went from not doing gull island then emera and power rates. Gull isn't being done because the minig companies don't need that much...rite

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  • Username
    Cyril Rogers
    - June 12, 2012 at 14:40:19

    Small wonder then that this administration is going to ram down our throatss one of the most regressive and repressive pieces of Access to Information legislation known, especially in so-called democracies. They can hide the details of negative information until such time as these projects get to a point of no return. We are fast approaching that point with Muskrat Falls!

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  • Username
    Fred Penner
    - June 12, 2012 at 14:08:30

    I wonder if MF will provide sufficient electricity for this new development....we may need to develope Gull sooner than expected.

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  • Username
    Maurice E. Adams
    - June 12, 2012 at 09:06:28

    Keep in mind also, that only a few months before Danny's late 2010 Muskrat Falls announcement, right up to shortly before the announcement, government had been busy for years trying to export all of Labrador's power through Quebec....... So how come, almost miraculously, the island went from not needing more power to all of a sudden in urgent need of more power????..... Months ago, when Ontario energy consultant suggested that Muskrat Falls could only provide about 575 (not 824) megawatts of power, he was quickly rebuked by Ed Martin...... Now Martin has apparently informed the province's Leader of the Opposition just that..... Furthermore, the 20% to Emera will really be about 30% or more, since the 20% will be guaranteed over a peak demand, 16 hour daily period, requiring at times about 30%...... That would leave 70% of 575 MW for the island (about 400 MW) ---- 20% LESS THAN what Holyrood can now provide........ SO we should go in debt BILLIONS, and spend BILLIONS in windfall oil revenues to end up with less power than we have now???? Unbelievable.... and now multi-billion dollar mining companies must have Muskrat Falls power....... Seems that everyone wants Muskrat Falls power ---- as long as captive island ratepayers pay for it ---- and do so for 50 plus years.

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