VIDEO: Site C Dam an ‘Economic Disaster,’ Says Former Premier Mike Harcourt

In a sit-down video interview, former B.C. Premier Mike Harcourt told DeSmog Canada the Site C dam, proposed for the Peace River, is “a bad idea” and should be abandoned immediately.

Site C is going to be a disaster economically, environmentally, culturally for First Nations and shouldn’t be built,” Harcourt said

Site C, originally projected to cost B.C. ratepayers $5.5 billion, is now estimated to cost $9 billion.

Harcourt said Site C follows a long history of hydro project cost overruns.

The average overage cost of dams worldwide over the last 70 years have averaged 90 per (Read more…) overage. So you can assume Site C is going to cost, probably, $15 billion to $17 billion dollars,” he said.