David Vardy

FINANCE DEPARTMENT LEFT OUT OF MUSKRAT RISK ASSESSMENTS

Guest Post by David Vardy Department of Finance Bypassed Former Finance Minister Cathy Bennett told the Muskrat Falls Inquiry this week that upon her appointment to the Finance portfolio in...

WHEN DOES DECEPTION BECOME A CRIME?

Guest Post by David Vardy Have Nalcor and government officials transgressed against the law or have they simply neglected their duty to serve the province, notwithstanding the consequences...

GILDING THE LILY ON 61 CENT POWER

Guest Post by David Vardy At the recent Nalcor AGM CEO Stan Marshall repeated his mantra that Muskrat Falls will “finish strong”. He said that its costs...

WERE SNC LAVALIN TROUBLES OPPORTUNISTIC FOR NALCOR?

Guest Post by David Vardy SNC LAVALIN: THE MUSKRAT FALLS EXPERIENCE SNC Lavalin’s role in the Muskrat Falls project has figured prominently in recent hearings of the...

WILL THE PUB GO FAR ENOUGH ON RATE MITIGATION?

Guest Post by David Vardy The PUB has been asked to make recommendations as to how increases in power rates arising from Muskrat Falls can be avoided,...

MUSKRAT ENERGY COST – ANOTHER MEASURE OF FAILURE

Guest Post by PlanetNL PlanetNL22: Muskrat Energy Cost – Another Measure of Failure Several leading electricity industry research organizations compile annual estimates of utility scale generation options.  These...

NEGATIVE DIVIDENDS ONE OF THE REALITIES OF MUSKRAT

Guest Post by PlanetNL PlanetNL19: Muskrat Dividends Will be Negative While megaprojects have huge costs, their promoters love to talk about the benefits.  At the Decision Gate 3 (DG3)...

THE WONKY ECONOMICS OF MUSKRAT UNVEILED (PART II)

Guest Post by David Vardy The Economics of Muskrat Falls (Part II) This post builds on Part I entitled Will Muskrat Falls Pay Dividends? (Part I)...