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Showing posts with label The Muskrat Falls Project. Show all posts
Showing posts with label The Muskrat Falls Project. Show all posts

Monday, 17 February 2014

THE RIGHT SIDE OF HISTORY by "JM"

During my two years of review of Muskrat Falls, I have often asked myself what future generations will think of the project.  What will be public perception of the engineering, the economics and most importantly the political debate which surrounded it? 



In an era when blogs, newspaper articles, and VOCM call-in programs are all recorded for posterity, how will future generations of Newfoundlanders and Labradorians view the leaders of today?  In particular, what will they say about the execution of their responsibility to safeguard the interests of the tax payers? 
Will the critics including Vardy, Penney, Martin, Sullivan, and Hollett be viewed as fear mongers, visionaries or simply as democrats?  On what side of history will they lie? 
Despite all assurances from the experts, time will produce a final arbiter of the economic merit of the project.  The final construction costs, combined with the future world price of energy, and the power demands of the Province will constitute the most quantitative parts of that evaluation. 



Even though future success will silence the legacy of the present day critics, I am certain that future political scientists will study how our democratic institutions were tempered, in order for the project to proceed. 


In the 21st century, when other Western democracies strived to increase transparency, public engagement and political accountability, Newfoundland and Labrador went against the grain.  Under any unbiased examination, the democratic legacy of Muskrat Falls will certainly fall upon the wrong side of history.


It would not be fair to place the blame solely on the current Progressive Conservative government.  When the previous Liberal administration excluded the Lower Churchill Project from the purview of the Public Utilities Board, in 2000,  a slippery slope began to take shape.  It was the beginning of a process of excluding the project from normal democratic controls.  That process was key to ensuring transparency and accountability in the expenditure of public funds.