ELECTRIFICATION: GOOD BUSINESS OR POLITICAL SLEIGHT-OF-HAND?

Guest Post by PlanetNL
PlanetNL28: Electrification – Is it Good Business or Political Sleight-of-Hand?

This blog has detailed time and again how electricity costs are set to roughly double once the Muskrat Falls project goes into operation and the potential social harms that will inevitably occur.  Rate mitigation tactics are promised by thePremier and his Administration but they are bound to be as delayed and poorly delivered as is the Muskrat Falls project itself.  This post examines the Government’s pursuit of converting oil-fired buildings to electric heating.  Growth of electricity is supposed to provide relief to existing ratepayers while getting off oil and lowering emissions is an added bonus – who could argue?  Those who look at the big picture, that’s who.