And so the fiasco which is the Muskrat Falls deal with Emera continues.
So how about we ask the following questions:
1. Would Quebec agree to a 20-20 deal that is 20% cost = 20% power output - considering overruns would be at our cost not theirs?
2. Would the construction be cheaper with Quebec?
3. Which company would give us better opportunities into the marketplace?
4. What about the ownership of the transmission route?
In my estimation a deal with Quebec would be more beneficial and could accommodate the Gull Island component as well.
In my estimation a deal with Quebec could give us greater returns at a lower cost.
In my estimation the only thing that is really different about the two potential partners is that Newfoundland and Labrador Hydro and Quebec are Crown Corporations owned by the people - whereas Emera is private.
That means the rich bugs get more and the people get less.
Straight forward explanation for a disaster of a project.
Better than all of the above - use the power in Labrador with industrial partners.
30 years of gouging so that particular interests make a fortune. That ladies and gentlemen is our history. Congratulations to the current nitwits who are facilitating the giveaway.
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