Ontario is planning to build two new nuclear reactors to meet the province’s energy needs in the near future and finance minister Dwight Duncan signalled on Tuesday that the Ontario government will be looking for help from the federal government. Th…
Continue readingTag: Muskrat Falls
The Sir Robert Bond Papers: Wealth transfer
As nottawa noted on Tuesday, the net effect of a provincial tax cut on electricity and a rate hike for the province’s Crown energy company isn’t what might appear at first glance. First, there’s not going to be a drop in cost for consumers, as s…
Continue readingThe Sir Robert Bond Papers: Dundernomics 101: Dazed and confused
There’s a Tellytorial – editorial at the Telly – that is worth reading if you missed it already. It’s the one from last Saturday that began by noting that the Conservatives are ploughing ahead with the Muskrat Falls project because they go…
Continue readingThe Sir Robert Bond Papers: US has surplus electricity
A conference in Halifax last week heard a tale of electricity demand in the United States that you certainly aren’t hearing from proponents of mega-debt projects north of the border. Massachusetts-based consultant Danielle Powers said that the New E…
Continue readingThe Sir Robert Bond Papers: Nalcor negotiating Muskrat transmission with Hydro-Quebec
Nalcor is currently trying to strike a deal with Hydro-Quebec on wheeling power through the province to other markets Read all about it in the Toronto Star. Newfoundland and Quebec are now trying to negotiate a deal in which Nalcor could get a rig…
Continue readingThe Sir Robert Bond Papers: Muskrat Falls timelines “unlikely to be achieved”: external review
An external expert review of the Muskrat Falls project warned Nalcor and the provincial government that the project’s schedule is unrealistic, according to documents obtained by Canadian Press. As Canadian Press reported on Sunday: Provincial Cr…
Continue readingThe Sir Robert Bond Papers: Harris Centre economic forum: the media coverage
The Telegram’s James Macleod had a decent front page summary of the Harris Centre’s discussion of economic issues facing the province and the subsequent discussion. The CBC has a super short version that is already bumped off the front page of its…
Continue readingThe Sir Robert Bond Papers: Nightmare on Muskrat Falls #nlpoli
The intrepid labradore takes yet another slice at the official government rationale for Muskrat Falls by showing the electricity rates Nalcor has been charging for the period 2005 to 2009. He’d probably have used more recent information but
Continue readingThe Sir Robert Bond Papers: Williams ex-chief of staff lands at Muskrat project
Not surprisingly, Brian Crawley – Danny Williams’ former chief of staff – is now a manager with the Muskrat Falls project. Williams announced the project last November as a prelude to his retirement a week or so later. His successor – Kathy …
Continue readingThe Sir Robert Bond Papers: Mythbusting: Not Kari, but still worth a look
labradore charts the total electricity output from Nalcor, less Churchill Falls, Menihek and a few other bits and pieces. Note that thermal generation – mostly Holyrood has been less than 20% of the total in four of the past five years. Tota…
Continue readingThe Sir Robert Bond Papers: Dundernomics 101: All your toasters are belong to us
labradore does yet another fine job exposing the completely ludicrous claims of those backing Kathy Dunderdale’s Empire of Debt, doing business as the Muskrat Falls project. Specifically, labradore tackles the idea that electricity demand in the pro…
Continue readingThe Sir Robert Bond Papers: Well, she asked for one…
PREMIER DUNDERDALE: Mr. Speaker, if somebody can name a reason why this government would not want Kiewit to be successful in this contract earning thirty-five years of work for people of the Province, Mr. Speaker, I would like to know what it is. …
Continue readingThe Sir Robert Bond Papers: Crude price forecasts don’t support Dunderdale’s empire of debt #nlpoli
Crude oil prices are the pedestal on which Kathy Dunderdale’s empire of debt called Muskrat Falls is built. The provincial Conservative’s plan to burden the people of Newfoundland and Labrador with a huge public debt and grossly increased electric…
Continue readingThe Sir Robert Bond Papers: Muskrat Fails #nlpoli #cdnpoli
A new website tackles the disaster that is Muskrat Flls proposed by Premier Kathy Dunderdale. Amazing what you can do, if you want to. Predictable Update: In the CBC story on this Liberal initiative, take a look at the comments. Spot how …
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