It’s time for Muskrat Falls

Albert Webber

- November 10, 2012 at 13:37:54

Cleaner engey! Yes, but what about rest of Labrador...? They still use generators on the coast. What about them? Are they still not part of the provience?

Submit a comment

• 

  norman fillier

  - November 23, 2012 at 09:45:00

  so you think we should not develop Muskrat Falls because there are people living on the coast and useing generators.. that makes me smile..

Maurice E. Adams

- November 9, 2012 at 09:47:29

This is a back-door tax grab from island ratepayers. Of $35 billion collected over 50 years from captive island ratepayers, only about $15 billion will go to debt servicing and operating costs (see www.vision2041.com ).

Submit a comment

Ken Collis

- November 8, 2012 at 17:32:52

My one and only concern can be put to rest with the answer to one question. Is the government prepaired to apply all money they receive in any form from this project towards paying off the cost of the project? If they are willing to do this simple act I would be willing to give it a BIG thumbs up. Can anyone answer this simple question? John Smith, Ed Martin, Cathy Dunderdale??? Anyone???

Submit a comment

Cyril Rogers

- November 8, 2012 at 16:17:21

Winston, are you trying to trick a certain person into revealing his true identity? Just kidding! I would not mind getting some of your info though, as your comments on this technology are very intriguing. You can email me at: cygorogers@hotmail.com. Would seriously appreciate some info on efficient heating technology.

Submit a comment

Winston Adams

- November 8, 2012 at 15:39:37

John, I completed some more work on the efficiency issue, trying to help you out with your power bills. It's my best shot and i hope you approve. The Telly has it but there 's a waiting list for MF commentary. Give me your email address and I'll send a copy, should give you a laugh or two.

Submit a comment

Cyril Rogers

- November 8, 2012 at 13:33:18

Mr. Kean, I appreciate your take on Muskrat Falls and some aspects of this development may make sense for Labrador itself, although I would have thought a power purchase agreement with Hydro Quebec made more sense economically. Yes, I realize that may be a bitter pill to swallow but what's the alternative? These new mines are speculative at best and would be heavily subsidized by the ratepayers of the province. Far better to develop them using existing power from HQ than to fetter us with a project that will cost $ 8-10 BILLION if we are lucky. The thousands of jobs you reference are mostly short-term construction jobs that, though well-paying will leave us with a giant deficit. Are they truly worth that amount of debt when they will have to be paid for by ordinary citizens of the province? Muskrat Falls, as a source of power to replace Holyrood, is an astronomical price to pay, given that ratepayers on the Island will pay for the entire cost of the project and utilize, at most, 15-20% of the power for at least a decade. The situation at Holyrood is untenable in the long term but upgrades to that facility can stretch its useful life to 2041; at that time, we will have all the power we would ever need. Surely the great minds at NALCOR can come up with alternatives to cover that period. The problem is that they really don't want to entertain any other options and, like government, are driven by an ideology that favours the movers and shakers----our very own version of the 1% who control 99% of the wealth.

Submit a comment

saelcove

- November 8, 2012 at 11:14:20

Nalcor and government are one and the same but for one thing Nalcor has more power in more way,s than one

Submit a comment

Maurice E. Adams

- November 8, 2012 at 10:33:36

Nalcor's 2011 media briefings show that Nalcor's 50-year, locked in, 'take or pay' power purchase from Muskrat Falls costs ratepayers $35 billion over 50 years --- $29 billion of which is for the dams/generation facility and $6 billion for the transmission line......That is $26 billion MORE THAN if the power purchase is from Hydro Quebec instead. .... Muskrat + Transmission = $35 billion.......... Hydro Quebec + Transmission = $9 billion --------- Lowest Cost power? You decide. See infographic at www.vision2041.com (most of the unnecessary $26 billion would be on the backs of our children and grandchildren, paid for so that multi-billion dollar mining companies in Labrador can get power at about 10% of what it will cost us to produce). Island ratepayers losing hundreds of millions of dollars for every year Muskrat operates.

Submit a comment

John Smith

- November 8, 2012 at 10:04:58

Muskrat falls is an intelligent, well thought out, well researched, well reviewed answer to our coming energy needs. We will borrow about 4 billion dollars, at the best rates, and at the best credit rating we will ever have. About what we spend every year on healthcare in this province. We have spent 18 billion on healthcare in this province over the past 5 years. Just to put the 4 billion we will borrow for this 100 year project into some rational perspective. The governement has answered the questions and accusations from the naysayers about gas, lng, wind, and other alternatives. They have come forward with the info on how much demand we will have, and with how much the average rate payer will save by going with muskrat. The naysayers have come up with...nothing... not one expert, not one report, not one review....nothing...nada. Of course we have the insightful commentary from people like David....using words like insanity and ten billion dollars and the usual hyperbole and lies. What the naysayers don't get is that most of us are a little smarter than that. We can read, we can evaluate the information on our own....and the naysayers don't have a leg to stand on...nothing. The only thing they have left is to call the people who work for us at Nalcor liars...that's it. Those well educated professionals who work for a company that is owned 100% by you and I, are out ot get us. They are in a big conspiracy to save us money on our power bills?? Keep it up naysayers...as I have before you are one of the best things the Pro side has going. The more people read the lies, innuendo, misinformation in your comments the more they feel that you are completely out to lunch...

Submit a comment

• 

  david

  - November 8, 2012 at 11:33:06

  How is it that you have much more to say on MF than the governemnt does? Answer: you don't know enough about it to be accused of lying.

• 

  Red

  - November 8, 2012 at 13:03:40

  Hey GodGuardTheeNL you sure have a lot of time on your hands to be on 2 sites commenting on the same subjects, spewing the same crap. Must have a government job.

• 

  John Smith

  - November 8, 2012 at 14:28:53

  hey red...you think I'm spewing crap? What are you spewing???

David

- November 8, 2012 at 09:40:30

It speaks volumes about this province when something as monummentally ruinous as this disasterous project is, that people without any appreciation for the pure insanity of committing $10B to a hope and a prayer ---- defending it myopically as a "meatier-than-usual " chunk of government pork for their region. We get what we deserve.

Submit a comment