Guest Post by PlanetNL
PlanetNL32: A Fair Price for Muskrat Energy Is All Ratepayers Can Afford
It is an indisputable fact that Muskrat Falls was an enormous mistake filled with stupid errors and driven by fraudulent assumptions. The biggest miscalculation of all was committed by the Province and the Government of Canada in legislating Island ratepayers to wholly pay for the project. It is high time both levels of Governments face the facts, remove the severely misguided and harmful legislation, and get on with an extensive restructuring of project financing. Island ratepayers can be billed for energy they use but only the same equitable terms as the project’s main customer, Emera, in Nova Scotia.
