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Showing posts with label Muskrat Falls Power Purchase Agreement; Brendan Sullivan. Show all posts
Showing posts with label Muskrat Falls Power Purchase Agreement; Brendan Sullivan. Show all posts

Thursday, 19 May 2016

MUSKRAT FALLS AND VOODOO ECONOMICS

Back in November 2012, as the Dunderdale Government was about to conclude sanction of the Muskrat Falls project my brother, Brendan Sullivan, found himself among the handful of “naysayers” who could see through its economic folly.

Nalcor and the Dunderdale Government had concluded their end run around the PUB, having ring-fenced the two power options it wanted to give evaluation. Of course, the outcome was already predetermined, many of the assumptions favouring Muskrat Falls having been contrived. In the end, the charade served only to justify a truly “nutty” project. 

Brendan, a former provincial government economist, explained some of his concerns in a Blog Post entitled “Muskrat Falls and Voodoo Economics”. He wrote at least one other article in the Telegram.

Brendan passed away on Monday, after a long and heroic battle with a rare disease called Wegener’s Granulomatosis. I am re-posting the Piece today in his memory.