Tis the season for a few
unwanted gifts!
We all have a relative that
does not know us well enough to select a thoughtful gift.
That feelgood factor is what
is missing from the pomp and ceremony at yesterday evening's Muskrat Falls
announcement.
NALCOR’s Ed Martin says the
trucks are ready – reality check, the trucks have been rolling!
Despite the fact that Emera
has not signed on, Premier Dunderdale has gone forward with sanctioning the
project. She is throwing the dice with the province's finances on the line.
The media is reporting that
after years of study the government is moving forward. There is little mention
of the ring fencing, the ignored independent reports, the PUB debacle, ignoring
the rights of the NunatKavut , existing court challenges, the Emera bookend
& the lack of markets for 40% of the power.
Bah Humbug you may say!
Not really, like nearly
everyone in this province, I really want to see the benefits of the development
of our non-renewable resources.
I felt that the Grime’s proposal to develop the
project was too risky because the cost-over run clauses had the potential of
giving Quebec
too much.
Now it would appear that we
have jumped out of the frying pan and right into the clutches of Emera.
Last night's theater had the nuance of Nero fiddling while Rome
burned.
Time will tell if the Toga
fits.
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