Based on the patronizing and insignificant concessions observed to date, the callous attitude toward the environmental review, and the not-so-hidden desire to exploit NL Hydro to their sole advantage, stakeholders including area locals and any honest politicians should be telling Risley, Paddick, and WEGH2 to take a hike.
In the current geopolitical climate, Europe cut off from Russia’s Nord Stream Pipelines, an engaged Premier and Minister might have been expected to call together offshore operators with reserves of natural gas on a commercial scale.
With respect to the proposed World Energy GH2 west coast wind/hydrogen/ammonia project and the province’s role in it, will the province’s due diligence (as with the Muskrat Falls fiasco) again be ‘unique in its absence’?
I must say that after the Muskrat Falls fiasco, I thought our government had finally learnt its lesson and would not to rush into another such scheme where calling it “green” was enough to suspend all critical analysis.
This province has a big leg up on virtually all other places around the world seeking to develop green hydrogen production; many have lfewer resource strengths than we have, and are making big plans to participate in what may be a very profitable new industry.
An international agreement is one thing, but doing it in Stephenville before the assessment process has even begun begs the question - How much integrity will this process have if these powers already agree that it will happen? How should one respond?
Given that over 11 TWh of energy production from the full World Energy development, a notional fee of 1 c/KWh as a form of land rent, would generate $110M. Should the operation be turning profits as high as $2B USD, this level of rent should not be the least bit objectionable.
Government’s handling of World Energy GH2’s wind power project on the Port au Port Peninsula contains the elements of scandal. This is a public policy catastrophe, one to which critical and costly issues remain either poorly understood or unexplained.
This is the most important set of negotiations we have engaged in since the Atlantic Accord and Hibernia. Despite being a small jurisdiction we proved to be smart and nimble enough to negotiate good deals on both. They have stood the test of time and have resulted in billions of dollars in royalties and created an industry which represents over a quarter of our economy. Will we prove to be smart and nimble enough to do the same with the Upper Churchill?
Put simply, whether Muskrat Falls come online or not, it cannot be relied upon. Without admitting their gross negligence at the start, Hydro is essentially saying that that we should try to salvage Muskrat Falls at an undefined cost and for for however short the duration it might operate.
The substance of Hydro’s mission is to satisfy the contracts with Emera to get large amounts of power flowing into Nova Scotia for the betterment of that province and its ratepayers. The Island could easily live without the Muskrat Fals project and in fact, other than for the onerous Emera contracts, NL ratepayers would be best off if it was abandoned and left to rust.
Cabot Martin’s sudden passing, in September, has stirred his friends, colleagues, and others familiar with his work, to honor him and encourage continued work in applied research and public policy development.
$1 million is not bad farewell for a fellow whose work performance represents one of the principal reasons for a twenty million dollar Public Inquiry, and who failed so badly in his job so badly that NL Hydro is still trying to define the mess that he (and others) has left behind.
As much as anything else, it is also a simple love song to a people and to their place. It is deficient in the language of inclusion, yes, sexist by the standards of today, too, but only those who misunderstanding the language of respect ascribe to it offense whether to aboriginal, to gender, or to religious belief.