[continued from Part 1] Oil Prices In Slide 20, Locke turns a comparison of the cost elements of Muskrat Falls and Nalcor’s isolated island scenario into a chart. Locke notes in red at the bottom of the slide that the only difference between the two scenarios is fuel prices. In
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The Sir Robert Bond Papers: Muskrat Falls and debt: some quick points #nlpoli #cdnpoli
There are some big misconceptions out there as a result of the way people in government talk about debt. That has implications for any discussion of Muskrat Falls. Here are some quick comments, coming in part as a result of Tory MHA Paul Lane’s call to Open Line Monday morning.
Continue readingThe Sir Robert Bond Papers: Wading through Locke on Muskrat (Part 1) #nlpoli #cdnpoli
An hour-long presentation, 48 slides and an interview with David Cochrane. For all that, some apparent confusion lingers about what Memorial University economist Wade Locke included in his presentation and what he didn’t. Let’s see if we can pick our way through the entire thing and assess Locke’s comments in
Continue readingThe Sir Robert Bond Papers: Muskrat Falls: The Kennedy Tweets #nlpoli #cdnpoli
Here’s a string of tweets from natural resources minister Jerome Kennedy on Friday night: Jerome Kennedy @jerome_kennedy Let me try and simplify Muskrat Falls. First question, do we(NL) need the power? If yes, then question # 2,what are we going to do about it? Jerome Kennedy @jerome_kennedy MF cont’d. If
Continue readingThe Sir Robert Bond Papers: Paying Attention 2: Muskrat Edition #nlpoli #cdnpoli
You learn a lot when you pay attention to what people say. Like natural resources minister Jerome Kennedy when he says that “it seems that they [the public utilities board] perhaps want to assume unto themselves a greater role than is contemplated by the terms of reference.” The provincial government
Continue readingThe Sir Robert Bond Papers: Muskrat Falls: Cum on feel the Noize #nlpoli #cdnpoli
According to natural resources minister Jerome Kennedy, criticism of the government’s refusal to give the public utilities board the time it asked for to complete a review of Muskrat Falls is “political white noise by those who are adamantly opposed to the project and will never agree, no matter what.”
Continue readingThe Sir Robert Bond Papers: Kennedy slices into NDP’s Muskrat falls hypocrisy #nlpoli #cdnpoli
Natural resources minister Jerome Kennedy belled the NDP cat on Wednesday for the provincial party’s flip-flop on Muskrat Falls. As the Telegram reported in its Thursday edition, … Kennedy was particularly hard on criticism coming from the NDP, saying the current tone represents a break from deceased federal leader Jack
Continue readingThe Sir Robert Bond Papers: Locke admits assessment was “probably not” fair #nlpoli #cdnpoli
In an interview with the Telegram that appeared in Thursday’s edition, Memorial University economist Wade Locke admitted that his assessment of Muskrat Falls probably offered an unfair comparison with alternatives. When asked by The Telegram, “If that doesn’t include transmission, is that a fair comparison?” Locke answered, “Probably not. You’d
Continue readingThe Sir Robert Bond Papers: If this is bad… #nlpoli
Bloc NDP member of parliament Ryan Cleary thinks that Marine Atlantic’s 4.5% fare increase will put the province at a disadvantage when it comes to tourism and economic development. Cleary is also concerned about the impact on ordinary Newfoundlanders and Labradorians: “Living in Newfoundland and Labrador is not cheap. This
Continue readingThe Sir Robert Bond Papers: Sucking eggs, debating Muskrat Falls and other wastes of time #nlpoli
Former natural resources minister Shawn Skinner thinks there House of Assembly should debate the Muskrat Falls deal. Ditto his replacement, Jerome! Kennedy who likes to quote a supposed 1980 endorsement of the project by former Hydro boss Vic Young as proof there’s been enough talk about the whole thing. Ditto
Continue readingThe Sir Robert Bond Papers: Dan-O-Matic Translator still works #nlpoli
If David Vardy was wrong about Muskrat Falls or about the concern some people have about publicly criticising Tory pet projects, Danny Williams wouldn’t be attacking Vardy personally. – srbp –
Continue readingThe Sir Robert Bond Papers: Muskrat Falls, the kamikaze venture #nlpoli
Not surprisingly Nalcor’s Ed Martin latched onto a pretty superficial argument to dismiss economist Jim Feehan’s critique of Muskrat Falls. "I go over to see my Dad, an 80-year-old gentleman living on his own, and I say to Dad, ‘I have a solution for you — why don’t we raise
Continue readingThe Sir Robert Bond Papers: Beleaguered utility blows raspberry at regulator #nlpoli
Nalcor should be able to supply information to any regulatory or review process for the Muskrat Falls project because the company should have already reviewed exactly the sorts of information those regulators or reviewers in order to approve its project for development. The fact that Nalcor hasn’t been able to
Continue readingThe Sir Robert Bond Papers: Cheaper Muskrat Alternative: Part Whatever Gigantic Number we are at now #nlpoli
Hydro-Quebec just signed a deal to purchase 150 megawatts of electricity produced by biomass. “The price for the power, in 2012 dollars, will be 10.6 cents per kilowatt hour, the average price for power awarded in 2009 to successful bidders on a biomass power program set to supply the hydro
Continue readingThe Sir Robert Bond Papers: Muskrat Falls: from worse to worser for Dunderdale and Company #nlpoli
Add Ron Penney to the list of former senior provincial public servants questioning Muskrat Falls and/or the way the provincial government is handling the project. In a letter to the Telegram, the former Peckford-era justice minister joins with David Vardy to call for a full, independent review of the MF
Continue readingThe Sir Robert Bond Papers: ‘eavy ‘angs the ‘ead #nlpoli
Natural resources minister Jerome! Kennedy is wading deeper and deeper into the political morass called the Muskrat Falls project these days and finding that it is a sticky, stinky, mess. For not one, but two days running, Jerome has been trying to explain to VOCM’s afternoon radio call-in host why
Continue readingThe Sir Robert Bond Papers: Local economist questions Muskrat plans #nlpoli
From the CD Howe Institute: NEWFOUNDLAND’S ELECTRICITY OPTIONS: MAKING THE RIGHT CHOICE REQUIRES AN EFFICIENT PRICING REGIME Jan. 11, 2012 – James P. Feehan Newfoundland [and Labrador] should hold off on plans to develop a power project on the Lower Churchill River in Labrador, according to a report released today
Continue readingThe Sir Robert Bond Papers: Locke and Muskrat Falls: some quick points #nlpoli #cdnpoli
Memorial University economist Wade Locke delivered a presentation on Tuesday night about Muskrat Falls, a project he had already endorsed publicly. The Harris Centre at Memorial University, the Atlantic Provinces Economic Council and the MUN economics department’s Applied Economics Research Initiative sponsored the talk. The pdf of Locke’s slides should
Continue readingThe Sir Robert Bond Papers: Seven Habits of Spectacularly Ineffective Politicians #nlpoli #cdnpoli
“Run government like a business” is an old line. Some people use it as a rallying cry for success and innovation. Others think of it as a recipe for disaster. Regardless of which side of that argument you come down on, you can sometimes find value in applying ideas from
Continue readingThe Sir Robert Bond Papers: Whose camp is it anyway? #nlpoli
Leo Abbass, mayor of Happy Valley-Goose Bay. Regular readers will know him already. Quoted this time by Voice of the Cabinet Minister about a controversial work camp a company wants to build in his community. VOCM linked the camp to Muskrat Falls, and so did Leo, according to the version
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