...I'm here to save you...
The key policy selling point for Muskrat Falls was all green. By building “clean” hydro power in remote Labrador, Newfoundland could wean itself off fossil fuels, close a provincial oil-burning power plant, and export power to Nova Scotia and other regions.
The publicly announced cost figure for Newfoundland and Labrador’s Muskrat Falls green hydropower mega boondoggle is now $12.7 billion, double the original project estimate of $6.2 billion.
The bad news is that there is no real market for the electricity.
