Verbatim Transcript from
media ‘scrum’
Corner Brook, September 12,
2013
“….I was at a Conference in Quebec
this weekend for two days with the six New England Governors who talked about
energy development…..particularly in Newfoundland and Labrador…they’re saying
develop, develop, develop, Governor Shulman is saying if you got the juice we
got the use so here are the people who are buying Canadian electricity saying
to Canadian Premiers develop, develop, develop because we got the markets….we
have just had six Governors purchase power for their states…they are talking
specifically about Muskrat Falls, specifically about Gull and how that power
needed to be developed and they had a use for the power in New England….the
Governors are saying there’s a market, we’ve been saying there’s a market for a
long time…”
Comment:
There may be
a market, in New England, for electricity.
But, is development of the power commercially viable? Is this Province prepared to expose itself to
the construction risk and willing to heavily subsidize the cost of the power, as we are doing with
Muskrat? That, I believe, is exactly what the Premier is counselling.
