The truth is out there. You just really have to read Nalcor’s stuff really carefully to find it. Take, for example, a recent letter in the Telegram by Greg Jones, Nalcor’s manager of business development:. In a nutshell, the option of w…
Continue readingTag: NALCOR Energy
The Sir Robert Bond Papers: Nalcor Royalties – more information
Nalcor, the provincial government’s energy corporation, paid $142,332 in royalties on North Amethyst in 2010. The company has paid $317,399 in 2011 on the same project up to the end of June. That’s information provided to SRBP by Nalco…
Continue readingThe Sir Robert Bond Papers: Resource give-away
The provincial government’s energy company controls billions of dollars worth of hydro-electric and oil resources – much of it handed over as free gifts from taxpayers – but the company pays very little to the provincial treasury in return. Na…
Continue readingThe Sir Robert Bond Papers: Bullshit then or now? Nalcor boss changes story on natural gas and Muskrat megadebt project
Ed Martin dismisses the idea that natural gas might be a sensible replacement for burning Bunker C at Holyrood. Here’s the whole story from VOCM in the event they disappear it: Nalcor has considered – and rejected – the use of liquefied natural…
Continue readingThe Sir Robert Bond Papers: Strangling energy innovation
The Telegram editorialists are finally putting it all together, at least when it comes to the provincial government’s energy company, the Muskrat Falls project and taxpayers: It looks a lot like the province would prefer all its eggs in one baske…
Continue readingThe Sir Robert Bond Papers: Okay, so it wasn’t a bus after all
But that doesn’t mean natural resources minister Shawn Skinner escaped completely unscathed from his episode on Backtalk on Wednesday. Here’s the latest version of a story about comments Skinner made on VO’s afternoon call-in show. The hea…
Continue readingThe 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 reading