11 January 2012

Local economist questions Muskrat plans #nlpoli

From the CD Howe Institute:

NEWFOUNDLAND’S ELECTRICITY OPTIONS: MAKING THE RIGHT CHOICE REQUIRES AN EFFICIENT PRICING REGIME

Jan. 11, 2012 – James P. Feehan

Newfoundland [and Labrador] should hold off on plans to develop a power project on the Lower Churchill River in Labrador, according to a report released today by the C.D. Howe Institute. In “Newfoundland’s Electricity Options: Making the Right Choice Requires an Efficient Pricing Regime,” Memorial University economist James P. Feehan says the province should first reform electricity prices to better reflect costs and reduce consumption, then assess its options.

For the study go to: http://www.cdhowe.org/pdf/ebrief_129.pdf

- srbp -

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